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2 clusters · 7 sources · 6 days · First seen · Last updated

Spanish mortgage market interest rate trends

Overview

The Spanish mortgage market has seen a significant shift toward fixed-rate loans, which accounted for 62.3% of new housing mortgages as consumers seek monthly payment predictability. This trend is driven by volatility in the Euribor, the key reference for variable-rate mortgages.

In mid-October 2026, the 12-month Euribor showed signs of stabilization, averaging approximately 3.21%. This represented a slight decrease from the 3.247% recorded at the end of September, following a period of volatility influenced by European Central Bank decisions. Despite this minor decline, mortgage holders continue to face higher costs than the previous year, when the Euribor stood at 2.18% in October.

Entities

ING · Banca March · Ibercaja · Banco Sabadell · Banco de España

Timeline

  1. [BUSINESS] 3 sources
    Euribor stabilizes in October amid shifting mortgage trends

    The Euribor stabilized at approximately 3.21% in mid-October, offering slight relief to variable-rate mortgage holders despite significantly higher costs compared to last year.

  2. [BUSINESS] 4 sources
    Fixed-rate mortgages dominate market amid rising Euribor

    Fixed-rate mortgages now represent 62.3% of new housing loans as consumers seek stability amid rising Euribor rates and interest rate uncertainty.

Sources

adslzone.net · empreendedorismo.pt · emprefinanzas.com.mx · euribor.com.es · finect.com · merca2.es · moncloa.com