Spanish lending first month of 2023

 Mortgages in Spain for January 2023

Lending in Spain was up against December and January 2022. The increases were high against last month. However marginal against last year.

Interest rates Spain

Interest rate information issued by INE dont appear credible. Published data on average rates does not seem to reflect the rises in Euribor. 

If accurate, it is hard to see how Spanish Banks are making a margin.

Interest rates may continue to be under pressure. Due to external and internal pressures.

Spanish Banks

2023 may see relatively static lending figures. Spanish lenders will be setting targets before end of quarter one.

Read the full article:- January 2023 mortgage in Spain

Spanish loans for 2022

 Mortgages in Spain December and full year results

Spanish loans increased in numbers for the full year of 2023.

Spanish Banks saw a net increase in their loan books. This was despite the years increase not being as high as anticipate. Redemptions were also lower.

Decembers loans

December Spanish loans were down on Novembers but against same month of last year.

Interest rates rose slightly due to increasing euribors.

Spanish mortgages for non residents

In the data was included Spanish mortgages for non residents

One lender launched a new product in tye month. Providing fixed rates for certain currency earners. Alos the option to take a currency loan.

Read the full article:- Spanish Loans