The Decline in Mortgage Loans and Rising Interest Rates in the Real Estate Sector

The Decline in Mortgage Loans and Rising Interest Rates in the Real Estate Sector

The rise in credit is becoming increasingly noticeable in the real estate sector. The granting of mortgages for the purchase of housing deepened its fall in May. In total, 33,398 loans of this type were registered, which represents a decrease of 24% in a year ago. The average amount of loans was also reduced, with … Read more

Rise in Interest Rates Prompts Increase in Mortgage Loan Cancellations and Decrease in Savings in Extremadura

Rise in Interest Rates Prompts Increase in Mortgage Loan Cancellations and Decrease in Savings in Extremadura

In the same way that the progressive rise in interest rates that has been experienced over the last few months has meant that the constitution of new mortgages in Extremadura has been tending downward, this same circumstance is also causing the cancellation of mortgage loans is registering just the reverse trend. In this way, the … Read more

challenge in Brussels – Il Tempo

challenge in Brussels – Il Tempo

He criticizes the European Central Bank after President Christine Lagarde’s announcement of a new rate hike in July, reiterates his no to ratify the Mes at this time, illustrates the government’s strategy on the migrant dossier. In view of the European Council, Giorgia Meloni intervenes in Parliament to take stock of the summit scheduled for … Read more

ECB’s Interest Rate Rise is Working: Demand for Credits and Mortgages Plummet

ECB’s Interest Rate Rise is Working: Demand for Credits and Mortgages Plummet

If what he intended European Central Bank with the rise in interest rates was to curb the demand for credits and mortgages On the part of companies and households (as an intermediate step to reduce demand and inflation), it seems that it is achieving its objective, and with flying colors. The banks are hardening their … Read more