Tag: High interest rates
New mortgages slump as real estate market continues to slow down in Spain
THE NUMBER of new property mortgages fell by 15.7% in March compared to a year earlier according to figures from the National Statistics Institute(INE).
36,182...
Inflation and higher interest rates cause big fall in home sales in Spain
HOME sales in Spain showed an annual fall of 11.7% in March according to figures from the Council of Notaries published on Thursday.
The statistics...
ECB boss brings little cheer for people in Spain on variable-rate mortgages
THE president of the European Central Bank(ECB) has offered little respite for over four-million households in Spain that are struggling to pay their variable-rate...