01Dec

Spanish Mortgage completions

Mortgages in Spain were still completing at low levels of interest in September. This will not be sustained. It is now a challenge to decide whether to opt for a fixed rate or variable rate product. Fixed rates are less flexible in the future as rates decrease.

26Oct
29Sep
27Aug
27Jul

Spanish lending Data May 2022

In the Month of May the Spanish mortgage market saw an increase in. This was both in numbers of loans and average loan size. May will be the last month with lower interest rates. ECB increased base rate in July and the 12 month Euribor has been steadily rising.

30Jun
30May
03May
02Apr

Mortgages in Spain January 2022

Home loans in Spain in January whilst up on December are at a lower percentage than most years. Pressure on borrowing in Spain for non residents from Brexit and war in Ukraine. Interest rates remain low but Spanish Mortgage rates likely to rise due to inflationary pressures. Fixed rate loans increase their market share.

06Mar