Fewer Storm Clouds Over Spanish Mortgage Market—Fitch

28 Jan 2014

The rate of Spanish mortgages falling into arrears fell in the last quarter of 2013, according to Fitch Ratings, as the economy emerged from recession. But the rating agency expects house prices will only hit a trough in 2015, with arrears and non-performing loan ratios set to continue rising.

The rate of Spanish mortgages falling into arrears fell in the last quarter of 2013, according to Fitch Ratings, as the economy emerged from recession. But the rating agency expects house prices will only hit a trough in 2015, with arrears and non-performing loan ratios set to continue ...

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