{
  "id": 17054190,
  "title": "Armengol (Sabadell): We are seeing a notable slowdown in mortgage demand",
  "url": "https://urgent.news/2026/10/29/armengol-sabadell-estamos-viendo-una-desaceleracion-notable-en-la",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-29T11:40:05.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/empresas/banca/2026/10/29/armengol-sabadell-viendo-desaceleracion-notable-demanda-hipotecaria.html"
  },
  "original_language": "es",
  "account": "Banco Sabadell's CEO, Marc Armengol, has stated that the group is seeing a slowdown in mortgage demand due to reduced home sales in Spain, caused by a lack of supply and housing price trends. Despite this, the bank has not yet seen a decrease in new mortgage approvals, but expects this to possibly decline in upcoming quarters. In the third quarter, new mortgage production remained flat compared to the same period last year and increased by 5% from the second quarter. Armengol expects the stock of mortgage credit to continue growing, unlike new production.",
  "summary": "The CEO estimates that new production may decrease in the coming quarters, but believes that the credit stock will continue to increase.",
  "key_points": [
    "Mortgage production flat in Q3 compared to same period last year, up 5% from Q2",
    "BPCE's 7% stake aims to replace board member, explore synergies in Spanish banking segments"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}