Homebuyers to Benefit from Record Low Mortgage Rates

Homebuyers to Benefit from Record Low Mortgage Rates

Record-breaking news for homebuyers this month as mortgage rates hit an all-time low, with the latest data showing the euribor at 2.396%, the lowest figure since November 2022. Industry experts are witnessing a significant drop in mortgage rates, making it an ideal time to invest in real estate. Financial analysts are shocked by the rapid … Read more

Real Estate Market Poised for Growth with Lower Mortgage Rates

Real Estate Market Poised for Growth with Lower Mortgage Rates

The housing market is set for a period of expansion as mortgage interest rates continue to decline. According to industry experts, the decrease in rates is expected to provide a significant boost to the real estate sector. Financial analyst, Antonio Luis Gallardo, highlights the shift in market dynamics, stating, “With interest rates steadily decreasing over … Read more

Aedas Acquires Real Estate Business in Spain

Aedas Acquires Real Estate Business in Spain

Aedas has recently finalized the acquisition of the real estate business in Spain from Inmobiliaria Espacio, a company owned by the Villar Mir family. The deal, completed yesterday, does not involve the company’s operations in the United States. The purchase comprises a substantial amount of land for the development of approximately 800 residential units in … Read more

Changing Landscape of Mortgage Trends in Spain

Changing Landscape of Mortgage Trends in Spain

A Shift in Home Financing Trends The reliance on mortgages for home purchases is waning in Spain, marking a significant shift in the real estate market. Data released by the National Statistics Institute (INE) revealed a notable 18.2% decrease in the number of mortgages recorded in May compared to the previous year, signaling a decreasing … Read more