Bank of Portugal flags pricing gaps in mortgage lending
Portugal's central bank audited nine major lenders controlling over 70% of the mortgage market and found 72 deficiencies in how they price home loans. Despite the findings, average spreads have fallen to roughly one-third of levels seen ten years ago.
Why it matters for your move
Mortgage pricing transparency and fairness directly affect what you'll pay when financing a home purchase in Portugal.
This is Re-locant.com’s own brief, written to explain what the update means for people moving to or living in Portugal. For the full original report, see the source below.