Market Cools, Bank Lending Tightens: What to Expect

The Housing is the main problem of Spaniards today, according to the Center for Sociological Research (CIS). The supply of real estate is scarce, demand is very high and the result is that prices are skyrocketing, causing a worrying lack of access to homes.

In this context, the situation of the Euribor, reference index for variable mortgages. At the beginning of 2025, it fell sharply and boosted homeowners’ savings. However, currently it has risen again, demonstrating once again that it is a very volatile indicator.

Therefore, many potential buyers are wondering, in light of the current situation, What is the best time to buy a house. According to the Roams mortgage expert, Pablo Vegait is better to do it as soon as possible because there are no signs that the Euribor will go down in the future.

Good time to close a mortgage

“With the start of 2026, the most reasonable thing is a stability scenario. That is why It makes sense to consider closing now if suitable housing appears, especially in large cities. and very competitive markets, where demand exceeds supply,” explains the specialist.

And he warns that now is also a good time for those “with tighter profiles to get a mortgage (variable income, little seniority in work or less stability) because as soon as the market cools down, the bank usually tightens conditions.”

On the other hand, the candidates who can afford to wait are “those who leisurely search in areas where prices are not skyrocketing and have a good entry cushionsavings capacity and margin to assume possible changes in the quota”.

Likewise, according to a study by Roams, people with a variable mortgage have verified that the savings margin is no longer the same as it was at the beginning of 2025 when it comes to doing the annual review. “Savings have gone from cuts of up to 1,048 euros (January) and 1,492 euros in April 2025 to just 116 euros per year in December“, indicates the study.

Another option is to opt for a fixed mortgage and decoupling from the volatility of the Euribor index. Thus, you always pay the same interest rate and the same fee throughout the year. An ideal option when you believe that interest rates may rise in the future.