In the last quarter of 2023, mixed mortgages experienced a notable increase and represented more than 40% of the mortgage market in Spain, according to data from the Spanish Mortgage Association (AHE). This significant increase reflects a growing trend towards mixed mortgages among homebuyers seeking flexible financial solutions tailored to their specific needs.

Blend mortgages offer borrowers a unique combination of fixed and variable interest rates. This hybrid modality provides homebuyers with the advantages of the stability of monthly payments associated with a fixed rate, as well as the ability to benefit from potential reductions in variable interest rates. By combining these elements, mixed mortgages provide borrowers with greater financial flexibility and greater protection against possible changes in the financial market.

The rise in popularity of blended mortgages can be attributed to several factors, including volatility in interest rates, homebuyers' search for more adaptable mortgage options, and changing economic conditions. As consumers become more aware of the various alternatives available in the mortgage market, blended mortgages have emerged as an attractive option for those who wish to take advantage of both fixed and variable rates.

In summary, the significant growth in the share of mixed mortgages in the Spanish mortgage market reflects an evolution in the preferences and needs of home buyers. With their ability to offer financial stability and flexibility, mixed mortgages continue to gain ground as a popular option among those seeking mortgage financing that suits their individual circumstances and financial objectives.