"The President of the Republic promulgated the Government diploma that establishes the measure of temporary fixation of credit contracts for the acquisition or construction of permanent housing and reinforces extraordinary measures and support in the context of housing credits", reads a note released by the Presidency of the Republic.

The Government approved new measures for the housing sector on September 21, including a decree-law that establishes an exceptional temporary fixing measure that "allows the instalment paid by mortgage loan borrowers to be reduced and stabilised for a period of two years".

According to the statement from the meeting of the Council of Ministers, "the difference between the instalment that would be due under the terms of the contract and that resulting from the fixing now foreseen is paid later, and can be amortized in advance, without any commission or charge to the borrower".