Mortgages slow down

The number of mortgages in Spain has been the best since 2010, but suffered a slowdown in December due to the Euribor and rate hikes. Despite this, banks are not reacting immediately to the rate and Euribor hikes, but are gradually adapting their commercial strategy. To find an annual figure for housing loans higher than that of 2022, one has to go back to 2010, when 607,535 mortgages were taken out in Spain. However, this dynamic seems to have come to an end.

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