euribor

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  • Mortgage “floors” abolished by Supreme Court


    Authority Authority:
    The Supreme Court has ruled that mortgage”floors” are illegal and must be removed from all mortgages, unless they are an integral part of a complex financial package. Millions of people with a mortgage in Spain taken out in the last couple of decades look to see their monthly payments drop substantially! The idea ...
    4 days ago
  • Santander Launches Mortgage for Sareb Assets


    Authority Authority:
    Banco Santander has reached an agreement with the Sareb to create a specific line of funding for the purchase of real estate assets of the so-called ‘bad bank’, or credit associated with promoters which is in the hands of this management company. The product, with preferential conditions, has been named the ...
    1 week ago
  • Mortgages Mark New Low in March After Falling by 34.1%


    Authority Authority:
    According to figures released on Tuesday by the National Statistics Institute, the number of mortgages on homes reached a new low in March, dropping by 34.1% over the same month of 2012, to stand at 16,270 transactions. The annual decline in March, with which mortgages have accumulated 35 consecutive months of ...
    3 weeks ago

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