The mortgage business in Spain has started the year fast. After having closed a downward 2020, marked by the slowdown caused by the quarantine in the face of the outbreak of the pandemic, the banks have managed during this course to prolong the recovery that was already perceived during the last months of last year. In such a way that Spain is leading the countries of the euro zone due to the growth in the granting of these loans during the first four months of this year. Not surprisingly, the acceleration compared to the year of the pandemic is more than 56%, as shown by data from both the Bank of Spain and the European Central Bank.
Banks are preparing to do business with the expected increase in household consumption after the pandemic