The granting of mortgage loans experienced great fluctuations during the past year. The entry into force of the new Mortgage Law forced the sector to adapt its systems, which delayed many firms. Mortgage financing has another twelve months ahead full of challenges. The forecasts on how this fundamental indicator of the housing market will evolve are based on different keys. From flats.com, we will try to clarify the ones that will have a greater weight in 2020:

1. No sudden changes. Most experts point out that the behavior of mortgages, throughout the year that has just begun, will be very similar to the one that has just closed. However, the economic slowdown will result in a slowdown in the application for loans for the purchase of housing because the situation of families will be closely linked to the evolution of employment.
2. There is no bubble in sight. 100% financing times are left behind. Banks continue to apply strict solvency criteria so that buyers do not commit beyond 35% of their monthly income. In addition, mortgaged people are very aware of their borrowing capacity, so it is unlikely that episodes of overexertion and their fatal consequences will be relived.
3. Custom offers. The open war between entities, to expand their market share through aggressive rebates, will be warming up in 2020, given that the margins that are being managed are increasingly narrow. The commercial strategy that will be imposed this year is personalization, with the design of mortgage offers with adequate conditions for each client profile.
4. More mortgages online. The virtual bank offers will be the ones that will have the best acceptance. Gradually, the consumer has been leaving aside his reservations regarding online mortgages. While it is true that entities that operate exclusively on the Internet will still have to work very hard to gain total customer trust, the road is already started.
5. Financing in green. The concern about climate change is a fact. The most sustainable homes, that is, those whose construction has minimized environmental impact and where energy efficiency is prime, will have better financing conditions. Begins to bet on green mortgages, although the response of the banks will be uneven.