Valencian Community Sees 30.68% Decrease in Signed Mortgages in December Compared to Previous Year

Valencian Community Sees 30.68% Decrease in Signed Mortgages in December Compared to Previous Year

The signing of mortgages on homes in the Valencian Community decreased by 30.68% in December compared to the same month of the previous year (compared to a decrease of 17.03% at the national level) worse are interannual evolution, up to a total of 2,526 operations, according to data published by the National Institute of Statistics … Read more

The Mortgage Market Crisis in Italy: Interest Rates Tripled, Sales Plummet – What’s Next?

The Mortgage Market Crisis in Italy: Interest Rates Tripled, Sales Plummet – What’s Next?

The market of mortgages in Italy it languishes because of interest rates. Buying a house in our country has become a pipe dream for families, who are increasingly demotivated by an extremely complex situation for brick and mortar. This is certified by a study by the Autonomous Federation of Italian Bankers (Fabi), which recorded a … Read more

Stock market tips of the week: Synopsys surges, Saron mortgages decline

Stock market tips of the week: Synopsys surges, Saron mortgages decline

Up with Synopsys, down with Saron mortgages – and other stock market tips of the week In “Switzerland at the Weekend”, our money columnist François Bloch writes why the numbers at the US company Synopsys are going up, why the VAT shares promise profits and how you can get mortgages cheaper. The Dutch technology stock … Read more

New Government-Backed Guarantee for Young Home Buyers Offers 100% Financing, But It Comes With Costs

New Government-Backed Guarantee for Young Home Buyers Offers 100% Financing, But It Comes With Costs

This Tuesday, the Government approved a line of 2,500 million euros of guarantees through the ICO so that young people no more than 35 years old and families with dependent minors can access their first home. This measure, which aims to help 50,000 people, consists of the ICO guaranteeing 20% ​​of the value of the … Read more

Understanding the Impact of the Euribor Increase on Variable Mortgages in Spain

Understanding the Impact of the Euribor Increase on Variable Mortgages in Spain

The Euribor, the reference index of most variable mortgages sold in Spain, continues to give headaches to many families. This Wednesday it increases 19 thousandths compared to the percentage it reached this Tuesday. The index continues to moderate from its highs reached in October when it closed at 4.16%. In November it fell 4,022% and … Read more

Kutxabank Sees Slight Increase in New Mortgages Despite Overall Market Drop in 2023

Kutxabank Sees Slight Increase in New Mortgages Despite Overall Market Drop in 2023

Related news At the company of new mortgages fell in 2023, a year in which interest rates reached record levels in recent years, which explains why only two provinces experienced positive growth rates in 2023: Ourense, with 2.4%; and Almería, with 1.8%. However, the drop of the mortgage market was estimated at 11% at the … Read more

Rising Trend of Banks Accelerating the Theft of Mortgages Due to Declining Demand and Rising Interest Rates

Rising Trend of Banks Accelerating the Theft of Mortgages Due to Declining Demand and Rising Interest Rates

Banks are accelerating the theft of mortgages due to the declining demand for new loans due to rising interest rates. Since the middle of last year, entities have been immersed in a war to snatch these credits in order to gain clients and increase their business. The trend of these operations is on the rise … Read more

Three Banks Offering Fixed-Rate Mortgages Below 3 Percent: A Shift in the Mortgage Market

Three Banks Offering Fixed-Rate Mortgages Below 3 Percent: A Shift in the Mortgage Market

Everything that goes up tends to come down and that is precisely what is happening now with the interest on fixed rate mortgages. If last year they were fully escalating, in recent weeks they have begun to decline as a result of the change in discourse within the ECB. Thus, There are now three banks … Read more

Spanish Euribor Mortgage Rates Drop Below 4% – Savings for Homebuyers and Potential Buyers

Spanish Euribor Mortgage Rates Drop Below 4% – Savings for Homebuyers and Potential Buyers

I breathe for those who have taken out a mortgage and for those other people who plan to do so in the future. And all because, after a year and a half of rate increases, the Euribor has changed its trend. Thus, the index that is used every month as a reference for the calculation … Read more