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.
Spanish Mortgages figures for April 2022
Mortgages in Spain saw a drop against March. Whilst loan figures to date are up on last year, month on month there is a slowdown. Interest rates in Spain are rising. UK based Spanish borrowers are diminishing. Economic pressures are affecting the lending market in Spain.
Mortgages in Spain activity for month of March 2022
Mortgage in Spain activity 2022 for year to date increases. Information on interest rates for Spanish loans. Scandinavian and American lending applicants are currently high. Average interest rates in Spain set to rise.
Euribor increases for Mortgages in Spain
Spanish mortgage interest rates set to rise. 12 month Euribor moves into positive territory. Fixed rates for loans in Spain will help stability for borrowers. Spanish Banks start to increase interest rates.
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.
Spanish lending grew in 2021
Spanish lending increases during 2021. Spanish lenders offer wider range of fixed rate products. Number of Mortgages in Spain has grown considerably in last 5 years.
Home Loans Spain remain static
Mortgages in Spain in November match October levels. Spanish interest rates increase marginally. Spanish banks increase competitiveness for 2022.
Spanish fixed rates prominent in October 2022
Spanish figures for October down on September levels. Year on year Home loans in Spain up over 2020. Interest rates in Spain increase year on year but by very low levels. Mortgages in Spain contracted on a fixed rate basis continue to grow.
September 2021 mortgage data Spain
Number of Mortgages in Spain is higher in September. Loan applications to Spanish Banks increase. Average Spanish interest rates fall.
Non resident Spanish mortgages use a regulated broker
Why use an independent mortgage broker in Spain. Understand how the two types of Spanish brokers can operate. Ensure you access a fully regulated broker for your Loan in Spain needs.