Spanish Banks Hold Mortgage Rates Steady as Euribor Rises, but Mixed Loans Become More Expensive
MADRID – Spain’s mortgage market is entering a new period of uncertainty. Despite the renewed rise in Euribor, several lenders are trying to keep their most attractive offers competitive. However, banks are simultaneously protecting themselves from interest-rate risk by adjusting other products, particularly mixed mortgages. The changing environment surrounding mortgage rates in Spain comes after…