Before the rise in interest ratesin recent months there has been a return of the mixed mortgages. The offer of these credits disappeared from banking entities in 2016, when the euribor was positioned in negative values. Unknown to many and with the benchmark most used in mortgages above 3%, its contracting accounted for more than … Read more
The slight decrease that the Euribor has experienced in recent sessions has not served for the monthly average to abandon the fifteen-year highs in which the indicator has been moving for weeks. Specifically, the main reference for most mortgages in Spain says goodbye to July at 4.149% after the final data on Monday. You have … Read more
He Euribor does not give up and strikes again at the Islands floating rate mortgages. Pau A. Monserrat, member of the CES, professor at the UIB and economist at FuturFinances.com, informs that the aforementioned 12-month indicator has closed the month of July at 4.149%. This represents “a slight increase compared to 4.007% last month.” Undoubtedly, … Read more
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
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 means a decrease of 24% compared to a year ago. The average amount of loans was also reduced, … Read more
The inhabitants of Barcelona are the ones who pay highest average mortgage in Spain145,883 euros, followed by those of l’Hospitalet de Llobregat (135,788 euros) and Madrid (130,525 euros), according to a report. The Spanish average is 121,782 euros. The data comes from the latest Report on the housing market prepared every six months by the … Read more
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
The 12-month Euribor continues to put pressure on those who have taken out a variable mortgage. The index has closed June above 4%, specifically at 4.007%, after 18 consecutive increments. The main mortgage index in Spain thus stands at its highest since November 2008, which will make variable mortgage payments more expensive in more than … Read more
Reaching retirement with some financial stability can be challenging, especially considering that the average pension of retirees is around 1,400 eurosaccording to data from the Ministry of Inclusion, Social Security and Migrations. The situation is aggravated for those pensioners who also have an outstanding mortgage, since they must pay a monthly installment. Besides, if we … Read more
ong>ary effects of the war in Ukraine. She emphasized the need to address the concerns of the citizens and take responsible and rigorous decisions. The disagreement between Calviño and Díaz over the mortgage plan has sparked a heated debate. While Díaz proposes the creation of a social mortgage bond to help families pay their loans, … Read more