To the eurybor at twelve months it has nothing left and less to exceed 3% of the monthly average. After ten months free uploadthe index to which most variable mortgages in Spain refer, has disrupted the mortgage market, causing price movements and changes in bank strategy.
This reference mortgage has broken all the molds and beaten all possible forecasts, even if it seems that it will meet the one that has strengthened the most in recent weeks and that is that the Euribor would close the year at around 3% (rate in one month) . In the daily rate it has already exceeded that threshold, since then Thursday’s record is 3.192%while the provisional monthly rate for December is 2.936%.
In this context, many banks have made their offer fixed mortgages, whose interests already exceed the 5% APR.. Some adjustable mortgages have also increased in price, although they are now more attractive to banks, which is why they continue to offer attractive interest rates.
The best fixed mortgages
According to the ranking drawn up by Help My Cash, there are the cheapest fixed mortgages EVO Bench (banker), To imagine (Caixa Bank), Bank open (Santander Group), BBVA yes Coinc (also Bankinter).
EVO Banco, now belonging to the group led by María Dolores Dancausa, has the most competitive offer. Your mortgage is marketed at an interest rate of 3.13% APR with discounts and 3.32% APR without them. In the case of Imagin, a subsidiary of CaixaBank, the APR is 3.17% APR contracting products or 3.93% APR without doing so.
[El Euríbor supera el 3,1% en tasa diaria y lleva la media mensual casi al 3%]
Santander’s digital entity Openbank sells its fixed mortgage at 3.29% APR with bonuses or 3.62% without them. Meanwhile, that of BBVA closes, with an APR of 3.42% with links or 4.14% without. Finally, Coinc’s fixed mortgage is sold without a bonus at an interest rate of 3.59% APR.
In the rest of the market you can find the fixed mortgage of Santander at 4.49% APR without grants or 5.23% APR otherwise. Caixa Bank offers up to 4.821% APR with bonus or 4.931% APR without it. My investor (Andbank), for its part, offers it at 3.59% without the possibility of a bonus.
Cheaper Variable Mortgages
As regards variable mortgages, which continue to generate some fear among customers due to the sudden rise in the Euribor this year, the most convenient offers, also according to the financial comparison site, are found on EVO Banco, EngOpenbank, BBVA e Hipotecas. com.
Once again, the digital entity Bankinter accepts the cheapest offer, with an APR of 3.4% without bonuses or 3.59% without them. ING offers a subsidized APR of 3.71%, Openbank a 3.87% APR, BBVA a 4.21% APR and Hipotecas.com a 4.73% APR.
In the case of Santander, the variable mortgage is sold at interest of 4.04% APR (variable) with bonuses or 4.76% APR without them. MyInvestor sells them at a variable APR of 3.75% and does not offer the possibility of reducing the price through a greater connection.
