03May

Spanish Interest rates

Spanish interest rates as an average increased in February. Data shows that fixed rates remain the favoured mortgage in Spain product type. Fixed rate loans for US applicants available. Lenders offering mixed rate products now available to wider range of nationalities. Spanish lending in February 2023 lower than January. Spanish Banks tighten risk criteria.

29Mar
01Mar
01Feb
04Jan
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.