Economy.- The sale of homes grew 1.1% in February and the price fell 5.1%, according to notaries

Economy.- The sale of homes grew 1.1% in February and the price fell 5.1%, according to notaries

Mortgage loans for the purchase of a home increased by 10.3% year-on-year in February, to 24,623 MADRID, 15 (EUROPA PRESS) – Home sales stood at 44,833 transactions in February, representing a year-on-year increase of 1.1%, while the average price per square meter of homes sold was 1,366 euros, representing a fall of 5.1% , according … Read more

Spanish banks remain at the bottom of the Eurozone in profitability and capital

Spanish banks remain at the bottom of the Eurozone in profitability and capital

The twelve Spanish banks supervised by the European Central Bank (ECB) remained in the fourth quarter of 2020 practically in the last place of the entire Eurozone in terms of cost effectiveness already ratio de capital CET1, according to the data published by the entity this Monday. – The low profitability of banks in the … Read more

Banks ‘pass’ the Supreme Court and the final price of revolving continues to exceed 22%

Banks ‘pass’ the Supreme Court and the final price of revolving continues to exceed 22%

The final price of revolving cards continues to be above 22%, despite the ruling issued by the Supreme Court just over a year ago which defined them as usury. Although it is true that financial institutions have been adjusting their interest rates after this, the average market price is installed at 22.84% due to high … Read more

2030 goal? The lack of bonuses and supply slows green financing in Spain

2030 goal?  The lack of bonuses and supply slows green financing in Spain

More and more entities have gotten into the green financial products market, from mortgages to consumer loans, with the aim of helping to incentivize the environmental and sustainable development goals set for 2030. However, much remains to be done. The offer financing of this type is still scarce and sometimes bonuses they are not enough … Read more

Apple, under the magnifying glass of the experts, buy signal or rotten apple?

Apple, under the magnifying glass of the experts, buy signal or rotten apple?

More than 14%. Is what the titles fall Apple since their highs in January. The correction in which those of Cupertino are immersed makes us wonder: Is there a buying opportunity or will we be biting a bad apple if we enter now? – “A Golden Buying Opportunity”. It is what the popular analyst sees … Read more

Take out insurance with the mortgage? They can’t force you but there are times when it matters

Take out insurance with the mortgage?  They can’t force you but there are times when it matters

Banks usually condition the approval of a loan to the contracting of insurance. A requirement to which the entity cannot oblige the client, but that sometimes, despite the cost involvedYes, it is usually of interest to the user to lower the mortgage interest. – The first thing to calculate to know whether or not to … Read more

Credits to refinance debt double and those destined to buy a car fall

Credits to refinance debt double and those destined to buy a car fall

About 20% of Spaniards have the intention to request a loan to refinance debts, compared to 10% in June, according to the Second Barometer of consumer loans prepared by Asufin. Likewise, Spaniards who intend to request a loan at the moment have gone from 14.2% to 19.2%, and among them, 53.6% is oriented to the … Read more

Asia mixed close with Australian central bank unchanged

Asia mixed close with Australian central bank unchanged

Asia-Pacific stocks ended with a mixed sign this Tuesday, following the strong overnight gains on Wall Street and in a day in which the Bank of Australia Reserve interest rate decision. – South Korea’s Kospi rose 1.4%, after its first day of trading on Tuesday, following the holiday on Monday. Mainland Chinese stocks fell and … Read more

Planas understands the “concern” behind the US decision not to review tariffs

Planas understands the “concern” behind the US decision not to review tariffs

The Minister of Agriculture, Fisheries and Food, Luis Planas, has recognized the “concern” of the affected sectors after learning that the new United States Government, led by Joe Biden, does not consider it necessary to modify or amend tariffs on European products, including olive oil and Spanish olives. – “I understand the concerns of the … Read more

The bank rules out paying negatively for mortgages: what options do customers have?

The bank rules out paying negatively for mortgages: what options do customers have?

The Euribor closes January marking a new historical low: -0.5%. With this panorama, the number of mortgages that should have negative interest continues to rise, but banks have already openly said that they refuse to paycustomers for their negative interest loans. Will consumers have to accept or will the courts begin to take action at … Read more