Now that they are the most in demand on the market

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Fixed mortgages have become more expensive than variable mortgages; specifically, 63% since the first interest rate increases in 2022, according to the INE registry. But there are still suggestive options for those seeking financing. What installment would you pay with the best mortgages in Spain? Discover the most competitive Getty Images/iStockphoto This is the best interest found by Housfy's mortgage brokers for each type of mortgage, as of June 2023, thanks to negotiations with the banks. FIND THE BEST MORTGAGE FOR YOU The best interest rate for fixed mortgages Fixed mortgages were a minority in Spain. Until 2016, they represented only 3% of the loans made. Since 2021, the trend has reversed and it is possible that it will continue in the long term due to the stability that characterizes them.

The best fixed interest rate that Housfy has agreed on in June 2023 is 2.5% TIN , once the bonuses are applied. This is a figure that banks have granted to people with an extraordinary financial profile and after negotiating Russia Mobile Number List effectively with the financial institution. Public statistics indicate that the average interest rate on fixed mortgages contracted in March 2023 in Spain was 3.15% NIR. This is 0.65% more expensive than the offer reported by Housfy. FIND YOUR FIXED MORTGAGE WITH HOUSFY The mixed mortgage: the experts' favorite It's been around forever, but now it's gaining notoriety. This type of loan is divided into two tranches: the first is fixed and usually has a lower interest than fixed mortgages on the market; The second tranche is variable and lasts until the end of the loan. The best mixed mortgage in 2023 that Housfy has found has a first fixed interest  TIN for 3 years and the rest of the period is variable at Euribor.



The mixed mortgage is the best option to get 3 or 5 years fixed rates that are really low David Espiago, banking business director at Housfy Hipotecas David Espíago Director of banking business at Housfy Mortgages Its strong point is that it allows you to have a guaranteed first few years while the market readjusts. If the Euribor has dropped later, the borrower will be able to enjoy much cheaper installments. If, on the other hand, it continues to be high, the holder has two options before moving to the variable tranche: either amortize the mortgage early or change from a variable rate to a fixed rate. FIND THE BEST MIXED MORTGAGE FOR YOU Variable mortgages, less tempting The variable interest rate is losing attractiveness, given a Euribor that has been volatile in recent months. To adapt to demand, banks have been forced to reduce spreads on variable mortgages.