Mortgages in Spain

The movements of some banks to improve the conditions of their fixed-rate mortgage loans have given a twist to the mortgage war. And the trend will increase in the coming months. The luxury real estate company Engel & Völkers assures that the improvement in mortgage offers will give speed to the market, while the economist and consultant Gonzalo Bernardos believes that fixed rates will return to 2% at the end of the year.

One in three foreign home buyers in Spain finance their purchase in our country, and two in three pay in cash. According to Engel & Völkers Finance Spain, the reason for this is that the mortgage offer is more competitive than what they can find in their home countries.

If you've been looking at the property market for some time and want a first or second home in Spain, you should take the plunge this year. Some factors suggest you should buy a property in 2024.

Selling a house with an outstanding mortgage in Spain is a common conundrum. A mortgage can make selling more complex, posing questions about the transaction's viability and the steps needed to carry it out successfully. This article discusses whether you can sell a property with a mortgage in Spa

What is the real cost of buying a property in Spain in 2024? Buying a house in Spain can be a both exciting and daunting for many reasons, especially for expats who are moving abroad and buying property in Spain for the first time.

The US rating agency S&P joins the host of international forecasts on what will happen to interest rates and inflation in the eurozone this year. According to its calculations, the price increase in the common currency region will not return to 2% before 2025, while the ECB will cut rates from

The government is looking to extend measures to support vulnerable mortgagors and remove commissions that allow consumers to change their variable rate loan for a fixed rate or amortise capital to save interest in 2024. According to El País, the Ministry of Economic Affairs has already informed the

In the aftermath of the Covid-19 pandemic, central banks worldwide flooded the money markets with liquidity (money) in an attempt to stop a major recession which could trigger - if left unchecked - a global depression similar to the last one from 1929. However, for every action there is an equal an

The average rate at which Spanish banks granted mortgages in September exceeded 4.3%, at its highest level since February 2009, when it stood at 4.324%, according to data from the Bank of Spain published on Friday. Thus, the average rate on mortgage loans over three years for the purchase of free h

The sharp rise of interest rates over the last 12 months, has prompted scores of borrowers to look into cancelling their Spanish mortgage loans.