Makrognosis

Portugal Cost of borrowing for households for house purchase (new business)

MonthlyNot seasonally adjustedCode PT.BANKRATEHH.M.NSA

Latest3.1%September 2026
Previous3.0%August 2026
Year ago2.9%September 2025

Portugal Cost of borrowing for households for house purchase (new business) was 3.1% in September 2026, up 0.05 percentage points from August 2026 and up 0.2 percentage points from a year earlier.

That is the highest reading since April 2025.

Over the past ten years it has ranged from 0.8% (Sep 2021) to 4.3% (Sep 2023), averaging 2.1%.

Portugal Cost of borrowing for households for house purchase (new business) (% per annum), Jan 2000 – Sep 20260%2%4%6%8%200020052010201520202025Robomacro
Portugal Cost of borrowing for households for house purchase (new business) (% per annum), Jan 2000 – Sep 2026. Source: European Central Bank.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
September 20263.1%
August 20263.0%
July 20263.0%
June 20262.9%
May 20262.9%
April 20262.9%
March 20262.8%
February 20262.8%
January 20262.8%
December 20252.9%
November 20252.8%
October 20252.9%
September 20252.9%
August 20252.9%
July 20252.9%
June 20252.9%
May 20253.0%
April 20253.1%
March 20253.1%
February 20253.2%
January 20253.2%
December 20243.2%
November 20243.3%
October 20243.4%

Last 24 observations. The full history (321 observations) is available through the API.

Get Portugal Cost of borrowing for households for house purchase (new business) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/PT.BANKRATEHH.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/PT.BANKRATEHH.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2000
Observations321
FrequencyMonthly
Units% per annum
AdjustmentNot seasonally adjusted
10-year high4.3% (Sep 2023)
10-year low0.8% (Sep 2021)
10-year average2.1%
Source agencyEuropean Central Bank
Makrognosis codePT.BANKRATEHH.M.NSA

Other Portugal indicators

Portugal GDP (Gross Domestic Product)Portugal Gross domestic product, Current prices, million EURPortugal Inflation Rate (CPI)Portugal Core Inflation RatePortugal Unemployment RatePortugal 10-Year Government Bond YieldPortugal Credit Rating & Sovereign Risk ScorePortugal Industrial ProductionPortugal Retail SalesPortugal Current account balance (BPM6, vs rest of world), not seasonally adjustedPortugal Current account balance, % of GDPPortugal Trade Balance: Goods & ServicesPortugal Exports of goods and services, Current prices, million EURPortugal Exports of goods and services, chain-linked volumePortugal Exports of goods, total trade (World), seasonally adjustedPortugal Imports of goods and services, Current prices, million EUR

FAQ

What is the current cost of borrowing for households for house purchase (new business) in Portugal?
The latest reading is 3.1% for September 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code PT.BANKRATEHH.M.NSA.

Last updated 2026-11-03. Source: European Central Bank. Original title: “Portugal - Cost of borrowing for households for house purchase (new business)”.