The Housing Finance System

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    A. Primary Housing Finance Market

    A.1 Industry Structure and Performance
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Number of firms originating and funding mortgage loans1718 
    Global Citizens Solutions
    		A.1.1
    Types of originating lenders/market share:A.1.2
    Universal/ commercial banks100% of total100% of total100% of total
    OECD
    		A.1.2.1
    Identify the 3 largest loan originating lendersCGD, BCP, Santander TottaCGD, BCP, Santander TottaCGD, BCP, Santander Totta
    Hypostat
    		A.1.3
    Are there (quasi) public mortgage lenders:YesYesYes
    Research
    		A.1.4
    Universal/ commercial banksYesYesYes
    CGD
    		A.1.4.1
    Typical lending spreads for mortgages1.25%1.75%2%
    BDP Retail Banking Markets Monitoring Report
    		A.1.5
    Level of Non-Performing Mortgage Loans (90 days or more past due):A.1.6
    as a % of # of loans  1.7%
    Banco BPI
    		A.1.6.1
    as a % of outstanding loan amount3.8%5.7%7%
    BDP Annual Report
    		A.1.6.2
    Average 1997-2007 A.1.7
    A.2 Size of Mortgage Finance Sector
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Total amount of home mortgage loans outstanding at the end of year in millions of USD:106,502.18 USD (millions)112,308.43 USD (millions)99,554.74 USD (millions)
    Banco de Portugal
    		A.2.1
    Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)43.93%50.75%48.24%
    Banco de Portugal
    		A.2.1.1
    and as % of all credits outstanding37.14%36.42%36.88%
    Banco de Portugal
    		A.2.1.2
    Total # of home mortgage loans outstanding at the end of year  105,974.44 thousand
    ECBC
    		A.2.2
    Total amount of home mortgages made in calendar year in millions of USD10,252.97 USD (millions)8,345.17 USD (millions)6,245.73 USD (millions)
    Banco de Portugal
    		A.2.3
    and as % of GDP (current) 4.23%3.77%3.03%
    Instituto Nacional de Estatistica
    		A.2.3.1
    Total # of home mortgage originations made in calendar year87.91 thousand77.51 thousand 
    Banco de Portugal
    		A.2.4
    What % of total new mortgages is refinance?20.67%26.14% 
    Banco de Portugal
    		A.2.5
    A.3 Housing Finance Products
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Mortgage products as % of all mortgages (approx.) in local currency:A.3.1
    Fixed rate for life of loan1.8%1.8% 
    Banco de Portugal
    		A.3.1.1
    Variable rate/indexed85.9%81.3% 
    Banco de Portugal
    		A.3.1.2
    Other fully amortizing loans (e.g. Rollover)12.3%16.9% 
    Banco de Portugal
    		A.3.1.4
    Most prevalent type of foreign currency mortgage used:A.3.3
    Most frequent interest rates on fully amortizing:A.3.4
    Typical lender fees associated with mortgage origination: A.3.6
    Typical third party fees associated with mortgage origination:A.3.7
    Loan-to-Value (LTV) on first mortgage: A.3.8
    Maximum LTV90.0090.0090.00
    Banco de Portugal
    		A.3.8.1
    Typical LTV at origination 70.0070.00
    Hypostat
    		A.3.8.2
    Maximum term over which pmt is calculated? 40 years40 years40 years
    Banco de Portugal
    		A.3.9
    Mortgage pmt-to-income ratio A.3.10
    Maximum pmt-to-income ratio (Individual income)50%50%50%
    Banco de Portugal
    		A.3.10.2
    A.4 Lending and Servicing Process
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Does the mortgage industry use standard principles/guidelines for underwriting?Yes  
    Research
    		A.4.1
    Which institutions define underwriting rules? A.4.2
    Central Bank/Ministry of FinanceYes  
    Banco de Portugal
    		A.4.2.1
    A.5 Credit Risk Assessment
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Do credit bureaus exist? YesYesYes
    BDP Central Credit Register
    		A.5.2
    Are there legal/regulatory constraints to gaining access to credit information?YesYesYes
    BDP Central Credit Register
    		A.5.2.1
    Is mortgage default insurance available?YesYes 
    Banco BPI
    		A.5.3
    B. Funding Sources for Mortgages and the Secondary Mortgage Market
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    What are the main funding sources for mortgages?B.1
    Retail funding (deposits/other)primaryprimaryprimary
    Hypostat
    		B.1.1
    Funding through mortgage bonds tertiarytertiarytertiaryB.1.3
    Funding through securitization of mortgagessecondarysecondarysecondaryB.1.4
    What is the proportion of RMBS in the overall private securities market?4.88%5.19%6.55%
    CMVM
    		B.4
    C. Housing Microfinance
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Are non-collateralized housing micro-finance loans offered? NoNoNo
    European Microfinance Network
    		C.1
    Types of lenders operating in the housing micro-finance (HMF) sector:C.2
    Commercial banksNoNoNo
    Research
    		C.2.1
    Specialized non-depository MFIs NoNoNo
    Research
    		C.2.2
    NGOsNoNoNo
    Research
    		C.2.3
    OthersNoNoNo
    Research
    		C.2.4
    NoneYesYesYes
    Research
    		C.2.5
    Level of NPLs (>90 days past due) in HMFC.4
    back to top | Country Data:
    Notes: 46% of variable rate agreements had a spread 1.5-2%
    Notes: BPI provides Credit Protection Insurance which covers BPI mortgage loan monthly instalments. Life insurance is required to obtain a mortgage in Portugal
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements 
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements  
    Notes: - Up to 90% for residential immovable property for the purchase or construction of own and permanent residence - Up to 80% for residential immovable property or credit secured a mortgage for other purposes than own and permanent residence - Up to 100% for residential immovable property and credit secured by a mortgage or equivalent guarantee for purchasing immovable property held by the institutions themselves and for property financial leasing agreements
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit
    Notes: 2011 housing census shows 73.24 owner occupied units
    Notes: 29.3% of variable rate agreements had a spread 1-1.5%
    Notes: 50% of gains from sale of immovable property is subject to tax as income at progressive rates. Capital gains on sale of main residence are exempt if proceeds are used to purchase another permanent residence in Portugal or EU/EEA member state
    Notes: 50% of gains from sale of immovable property is subject to tax as income at progressive rates. Capital gains on sale of main residence are exempt if proceeds are used to purchase another permanent residence in Portugal or EU/EEA member state
    Notes: 50% of gains from sale of immovable property is subject to tax as income at progressive rates. Capital gains on sale of main residence are exempt if proceeds are used to purchase another permanent residence in Portugal or EU/EEA member state
    Notes: 50% of gains from sale of immovable property is subject to tax as income at progressive rates. Capital gains on sale of main residence are exempt if proceeds are used to purchase another permanent residence in Portugal or EU/EEA member state
    Notes: 50% of gains from sale of immovable property is subject to tax as income at progressive rates. Capital gains on sale of main residence are exempt if proceeds are used to purchase another permanent residence in Portugal or EU/EEA member state
    Notes: 50.9% of variable rate agreement had a spread of1-1.5%
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to Decree-Law No 12/2010 microcredit financial institutions can only grant financing to small businesses or professional projects
    Notes: According to GCS, an investment property firm, there are 15 mortgage lends in Portugal. Comparaja lists 17 financial institutions that offer mortgages.
    Notes: According to GCS, an investment property firm, there are 15 mortgage lends in Portugal. Comparaja lists 17 financial institutions that offer mortgages.
    Notes: According to GCS, an investment property firm, there are 15 mortgage lends in Portugal. Comparaja lists 17 financial institutions that offer mortgages.
    Notes: According to GCS, an investment property firm, there are 15 mortgage lends in Portugal. Comparaja lists 17 financial institutions that offer mortgages.
    Notes: According to GCS, an investment property firm, there are 15 mortgage lends in Portugal. Comparaja lists 17 financial institutions that offer mortgages.
    Notes: According to GCS, an investment property firm, there are 15 mortgage lends in Portugal. Comparaja lists 17 financial institutions that offer mortgages.
    Notes: BPI provides Credit Protection Insurance which covers BPI mortgage loan monthly instalments. Life insurance is required to obtain a mortgage in Portugal
    Notes: BPI provides Credit Protection Insurance which covers BPI mortgage loan monthly instalments. Life insurance is required to obtain a mortgage in Portugal
    Notes: BPI provides Credit Protection Insurance which covers BPI mortgage loan monthly instalments. Life insurance is required to obtain a mortgage in Portugal
    Notes: BPI provides Credit Protection Insurance which covers BPI mortgage loan monthly instalments. Life insurance is required to obtain a mortgage in Portugal
    Notes: BPI provides Credit Protection Insurance which covers BPI mortgage loan monthly instalments. Life insurance is required to obtain a mortgage in Portugal
    Notes: Caixa Geral de Depositos is the largest public bank, second largest overall.
    Notes: Caixa Geral de Depositos is the largest public bank, second largest overall.
    Notes: Central bank sets macroprudential limits on LTV, DTSI, maturity
    Notes: Central bank sets macroprudential limits on LTV, DTSI, maturity
    Notes: Central bank sets macroprudential limits on LTV, DTSI, maturity
    Notes: Central bank sets macroprudential limits on LTV, DTSI, maturity
    Notes: Central bank sets macroprudential limits on LTV, DTSI, maturity
    Notes: Conventional Dwellings Estimate: Conventional dwellings includes vacant and second homes
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: Credit Bonficado (a subsidy program) expired at the end of 2002.
    Notes: figures calculated by households, not units
    Notes: figures calculated by households, not units 
    Notes: figures calculated by households, not units 
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Includes rural transactions. However, Portugal is largely urban.
    Notes: Levied by municipalities at a maximum rate of 6% on the transfer of residential property, 5% on the transfer of rural property, 6.5% on the transfer of urban property and 10% if the purchaser is located in a listed tax haven.
    Notes: Levied by municipalities at a maximum rate of 6% on the transfer of residential property, 5% on the transfer of rural property, 6.5% on the transfer of urban property and 10% if the purchaser is located in a listed tax haven.
    Notes: Levied by municipalities at a maximum rate of 6% on the transfer of residential property, 5% on the transfer of rural property, 6.5% on the transfer of urban property and 10% if the purchaser is located in a listed tax haven.
    Notes: Levied by municipalities at a maximum rate of 6% on the transfer of residential property, 5% on the transfer of rural property, 6.5% on the transfer of urban property and 10% if the purchaser is located in a listed tax haven.
    Notes: Levied by municipalities at a maximum rate of 6% on the transfer of residential property, 5% on the transfer of rural property, 6.5% on the transfer of urban property and 10% if the purchaser is located in a listed tax haven.
    Notes: Levied by municipalities at a maximum rate of 6% on the transfer of residential property, 5% on the transfer of rural property, 6.5% on the transfer of urban property and 10% if the purchaser is located in a listed tax haven.
    Notes: Market shares: CGD-23.7%, BPI- 19,7%, BCP-26%
    Notes: Market shares: CGD-25%, Santander Totta-23%, BCP-19%
    Notes: Maturity of new credit agreements maxes out at 40 for those 30 or younger
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum loan term of 30 years
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum LTV of 90%
    Notes: Maximum of LTV of 90%
    Notes: Mortgage stamp duty ranges between 0.4% to 0.8%
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit  
    Notes: Net of taxes and contributions to social security. Up to 50% with the following exceptions on the total amount of credit granted by each institution in each year: up to 20% of mortgage: ratio of up to 60%; up to 5% of mortgage: no ratio limit  
    Notes: Non-performing loan defined as 30 days past due
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Ratio of non-performing loans: Households, house purchase
    Notes: Residential loans only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: Residential securitizations through funds only
    Notes: See Term and LTV tab at the bottom of the screen
    Notes: See Term and LTV tab at the bottom of the screen
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: Since September 30, 2012 it is not any more possible to issue mortgage loans with a subsidized system scheme
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people.
    Notes: The government provides a subsidized credit (65% of the European reference rate) rate for disabled people. This law was established 2014.
    Notes: Up to 90% for residential immovable property for the purchase of construction of own and permanent residence Up to 80% for the residential immovable property or credit secured a mortgage for other purposes than own and permanent residence
    Notes: Up to 90% for residential immovable property for the purchase of construction of own and permanent residence Up to 80% for the residential immovable property or credit secured a mortgage for other purposes than own and permanent residence
    Notes: Up to 90% for residential immovable property for the purchase of construction of own and permanent residence Up to 80% for the residential immovable property or credit secured a mortgage for other purposes than own and permanent residence
    Notes: Up to 90% for residential immovable property for the purchase of construction of own and permanent residence Up to 80% for the residential immovable property or credit secured a mortgage for other purposes than own and permanent residence
    Notes: Up to 90% for residential immovable property for the purchase of construction of own and permanent residence Up to 80% for the residential immovable property or credit secured a mortgage for other purposes than own and permanent residence
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change
    Notes: You Q4 house price index change