Mortgage brokers do an exquisite job of intermediation to find the best interest rate depending on the economic profile of their clients. This is the best interest rate that Housfy Hipotecas, a mortgage brokerage company, has processed during the month of September, and corresponds to holders with extraordinary financial profiles.
These times mean that experts recommend, as a general rule, securing a fixed interest rate for the entire life of the loan. The available rates, although higher than the last decade, are low compared to current rates in other countries.
2.50%, the best fixed interest rate that the mortgage brokerage company Housfy Hipotecas has processed this month, is more than one point cheaper than the average interest rate in Spain as of June 2023 (3.72%) , according to the latest data published by the INE.
Variable mortgages are now almost a game of chance. They involve more risk, although the first fixed year can serve as an umbrella for short-term investors who want to pay off quickly.
Mixed mortgages provide holders with a fixed rate margin that extends over time. They are ideal for those who cannot access the lowest fixed rate on the market and trust in future drops in the Euribor.
