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Spanish Mortgage Applications Surge Despite Rising House Prices
In November 2023, Spain saw a 16.6% year-on-year increase in mortgage applications for home purchases, totaling almost 34,500, driven by rising housing prices and a renewed availability of fixed-rate mortgages, despite the ECB's upcoming interest rate cuts.
Spanish Mortgage Applications Surge Despite Rising House Prices
In November 2023, Spain saw a 16.6% year-on-year increase in mortgage applications for home purchases, totaling almost 34,500, driven by rising housing prices and a renewed availability of fixed-rate mortgages, despite the ECB's upcoming interest rate cuts.
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