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Interest rate rise fears increase demand for fixed rates | real estate

The residential real estate market remains very dynamic in Portugal, despite high prices and the increase in interest rates by the European Central Bank (ECB), which, in turn, are “pushing” Euribor rates to 10-year highs. . This Wednesday, the day on which the first increase in central bank rates in 11 years took effect, of 0.5 percentage points, Euribor rates, present in most housing loans in Portugal, continued to rise to maximums. of a decade.

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