The mortgage war that is unfolding in banks is leading to historic lows in interest rates on home loan loans.
According to data from the National Statistical Institute in July the average interest rate stood at 2.56, which means an all-time record being the lowest figure to date.

This decline in mortgages appears at an exceptional time in the markets, which are also aided by the Euribor figures that are at a minimum help to ease consumers’ pockets.

Seeing the downward trend of interest rate, without a doubt, is the best time for home purchase.