Kiko Rivera pays €1,615 a month for his new home
Kiko Rivera’s chalet in La Juliana, Bollullos de la Mitación, was valued at €500,000. Lecturas reports a €376,000 mortgage, with monthly payments of €1,615 over 360 instalments at 3.15% interest.
Mortgage 17 news
From Andalusia to Catalonia, Mortgage covers home loans, interest rates, banks and property buying.
The page turns scattered updates into useful context for people who live in Spain, visit Spain or follow Spanish affairs from abroad.
The page turns scattered updates into useful context for people who live in Spain, visit Spain or follow Spanish affairs from abroad.
Spanish mortgages push first-time buyers to the edge
Mortgage costs are climbing as Spanish homes become harder to finance. Mixed-rate loans are replacing variable deals, while banks continue to tighten access.
Euribor climbs above 3% as Spanish mortgage pressure deepens
The 12-month euríbor reached 3.247% in September. Variable mortgage borrowers face higher October payments as housing prices remain near record levels.
Euribor starts October at 3.303% after daily fall
The 12-month Euribor fell to 3.303% on October 1, 2026. The opening rate is above September’s monthly average of 3.247%, offering little relief to borrowers.
Canary Islands mortgages hit highest euríbor level since July 2024
The euríbor reached 3.24% in September, adding about €85 to a typical monthly mortgage payment. Rising energy prices and inflation are putting further pressure on household budgets.
Euribor reaches its highest monthly level since July 2024
Spain's mortgage benchmark has risen for a third straight month. The September average reached 3.247%, putting more pressure on variable-rate borrowers at their next review.
Variable mortgages face another sharp rise in Spain
Spanish variable mortgages face fresh pressure after the Euribor reached 3.24% in September. Annual reviews could add more than €1,000 to some household costs.
Mortgage signings hit a two-year low
Banks registered 43,372 home purchase loans in Spain in July, the sharpest annual drop in 25 months. Buyers took on larger debts as house prices and borrowing costs made access harder.
Lagarde says higher rates are not the main cause of Europe's housing crisis
Christine Lagarde says ECB rate rises are not the basic cause of Europe's housing crisis. She points to the gap between housing supply and demand, while acknowledging higher mortgage costs, weak investment and a severe shortage of homes in countries such as Spain.
Spain's Mortgage Market Hits a New Barrier for Homebuyers
Hundreds are camping in Madrid's Puerta del Sol as mortgage activity falls. The average loan has reached a record 180,785 euros, while fewer buyers are completing purchases.
Spanish mortgage rates climb above 3%
Spain's average mortgage rate has crossed 3% again. Sabadell and Ibercaja offer monthly savings of around €75 on a typical loan.
CaixaBank sees mortgage growth losing pace in 2027
CaixaBank expects mortgage growth to slow in 2027 as home prices and interest rates shut more buyers out. Consumer and business lending are holding up better.
Spanish mortgages slow as average loans hit €180,785
Spain recorded fewer mortgage deals in July, but the average loan reached a record €180,785. Higher interest rates are adding to the pressure on buyers.
Spanish mortgage size hits record as July signatures fall
Spain recorded fewer home loans in July. Yet the average mortgage reached a historic high of 180,785 euros. The figures point to a housing market under renewed price pressure.
Euribor rise puts Spanish variable mortgages under fresh pressure
The Euribor is expected to reach 3.22% in September. Average variable mortgage payments could rise by €828 a year as the ECB keeps pressure on borrowing costs.
Euribor Surge Drives Shift to Mixed-Rate Mortgages and Longer Terms in Spain
Spanish mortgage rates have climbed above 3% as the Euribor rises. Buyers are turning to mixed-rate loans and extending repayment periods to 25 years. Monthly payments remain high, while total interest costs continue to climb.
Apartment prices hit record highs – mortgages are back in demand
Spanish Housing Market Surges: Sales and Prices Set New Records. Spain’s real estate market is making headlines again. Home sales are rising sharply, with prices breaking new records. Mortgages are gaining popularity. What’s happening regionally? Why are Madrid and the Canary Islands seeing declines? Read on for the unexpected details.