Home sales rose 18.8% in June

Activity continues to recover in the markets after the uncertainty generated by the coronavirus pandemic. And this is reflected in the main indicators. Thus, the sale of housing increased by 18.8% last June compared to the same month of 2021, to add 58,010 operations, as reported yesterday by the National Institute of Statistics (INE). With … Read more

Home sales rose 18.8% in June

Activity continues to recover in the markets after the uncertainty generated by the coronavirus pandemic. And this is reflected in the main indicators. Thus, the sale of housing increased by 18.8% last June compared to the same month of 2021, to add 58,010 operations, as reported yesterday by the National Institute of Statistics (INE). With … Read more

Home sales rose 18.8% in June

Activity continues to recover in the markets after the uncertainty generated by the coronavirus pandemic. And this is reflected in the main indicators. Thus, the sale of housing increased by 18.8% last June compared to the same month of 2021, to add 58,010 operations, as reported yesterday by the National Institute of Statistics (INE). With … Read more

Home sales rose 18.8% in June

Activity continues to recover in the markets after the uncertainty generated by the coronavirus pandemic. And this is reflected in the main indicators. Thus, the sale of housing increased by 18.8% last June compared to the same month of 2021, to add 58,010 operations, as reported yesterday by the National Institute of Statistics (INE). With … Read more

ECB rate hike reignites deposit battle 10 years later

The rise in interest rates European Central Bank (ECB) of last Thursday opens the door to the financial sector to resuscitate a very attractive savings formula in Spain and in decline for almost a decade: deposits. The agency decided to raise interest rates by half a percentage point, to 0.50%, the first increase in eleven … Read more

Do you have a fixed or variable mortgage? Here’s how the ECB’s rate hike will affect you

The European Central Bank (ECB) last Thursday raised interest rates by half a percentage point, up to 0.50%, the first increase in eleven years and the most intense since 2000, with the aim of curbing the rise in inflation. This decision to contain the rise in prices in Europe will lead to an inevitable rise … Read more

The Euribor exceeds 1.2% in reaction to the aggressive scenario drawn at the ECB

New growth in the indices that determine the cost of financing loans. The Euribor 12 monthswhich measures the interest on loans between banks and serves as a reference for variable mortgages, It climbed this Friday to 1.2% for the first time since July 5, 2012. It thus reacts to the most aggressive scenario in terms … Read more

The effects of rising interest rates: “It is not unreasonable for Euribor to reach 2% in 2022”

Euribor is above 1.1% this week. A) Yes, the 12-month Euribor, the most widely used indicator for calculating mortgage interest rates in Spain, continues the rebound that began last March, when the Russian invasion of Ukraine began. This event led to the anticipation of an even greater increase in inflation levels, already high before the … Read more

ECB declares war on inflation and anticipates market turbulence in southern Europe

The European Central Bank (ECB) surprised the market this Thursday. We expected a consensus in 0.25 points, as the agency announced in June, and ended up being double. Analysts agree that this decision is conditioned by the latest data on inflation, 8.6% in the euro area. This increase will have a negative impact on economic … Read more