{
  "id": 5662686,
  "title": "The proportion of live fixed-rate mortgages equals that of variable-rate mortgages for the first time",
  "url": "https://urgent.news/2026/09/04/la-proporcion-de-hipotecas-vivas-a-tipo-fijo-iguala-por-primera-vez",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-04T22:16:09.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/empresas/banca/2026/09/05/6a6ce9ffe5fdea39708b458b.html"
  },
  "original_language": "es",
  "account": "Spain's mortgage market has shifted towards fixed-rate loans, with 42% of outstanding mortgages now at a fixed rate, compared to 43% at variable rates. CaixaBank, which controls a quarter of the market, has seen a significant increase in fixed-rate mortgages, from 10% before 2012 to 93% last year. The stock of fixed-rate mortgages has grown by €50 billion in four years, with some banks offering loans at below the swap rate. The Spanish banking sector is experiencing a surge in mortgage business, with 643,870 loans approved for home purchases last year, the highest number in a decade. According to the Banco de España, there are no signs of a housing bubble, with household debt not being a concern and housing prices 18% lower in real terms than in 2007.",
  "summary": "Spain is approaching, for the first time, the levels of other European countries, where the fixed rate is the predominant one. The sharp drop in prices last year is causing a tie in terms of stock.",
  "key_points": [],
  "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."
}