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.
Category Archives: Mortgage services
January 2023 Mortgages Spain
Interest rates for mortgages in Spain set to rise. Spanish Banks set lending targets for the year. Average loan sizes in Spain increase in the month of January.
Spanish loans December 2022 and year to date
New fixed rate mortgage launched in Spain. Spanish Bank now offers currency loan and increases nationalities it can lend to. Decembers Spanish home loans decrease over November and previous year.
Home loans Spain November 2023
Spanish home loans data for November. Mortgage market in Spain could be cooling. Data on interest rates suggests Spanish Banks are decreasing profitability.
Spanish lending beginning of last quarter
Interest rates in Spain not rising in line with Euribor. Questions over validity of data. Economic factors appear not to be affecting level of Mortgages in Spain. Home loans form largest part of new credit in market.
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.
Spanish Mortgage market for August 2022
August Spanish mortgage data looked stable. Spanish Interest rates and numbers reflect loans signed in June and July. Large interest rate increases will feed through to completions soon. Best buys for loan types in Spain maybe Mixed rate products in next few months.
Spanish mortgage sizes drop
Loan sizes in Spain drop for July 2022. Spanish Banks tighten underwriting criteria. Madrid sees lower home loans registered. Non resident lending in Spain under pressure.
June 2022 loan completions Spain
Spanish loan completions slowed in June. Below Mays levels. Year on year Mortgages in Spain remains above 2021. Interest rates remained static within the month. A high proportion of lending in Spain was contracted on fixed rate basis.
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.