Interest rate on housing credit rises in September to the highest value in a year

In September, the implicit interest rate for housing loans rose for the fourth consecutive month to 3.194%, the highest in a year, according to the National Institute of Statistics (INE). This marks an increase of 3.2 basis points from August's 3.162% and is the highest since September 2025, when it was 3.228%. For contracts signed in the last three months, the interest rate increased from 2.910% in August to 2.959% in September.