The price of mortgages falls to a minimum in Spain but remains 25% above the European average

Never before have mortgages been so cheap. Even during the time of the housing bubble before the financial crisis of 2008 it does not appear in the statistics with such a low average interest rate. The offers of banks increasingly lowering the cost of a loan to acquire a home overlap and entities struggle to attract customers, even more so when the coronavirus has caused a brake in the real estate sector. However, despite the fact that for years the price of a mortgage in Spain has not stopped falling, the distance with respect to other countries is still considerable.

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