Bank of Spain Governor Urges Fine-Tuning Housing Measures, Sees No Need for Mortgage Caps

Bank of Spain Governor José Luis Escrivá stated banks are 'reasonably prudent' in mortgage lending, arguing against immediate caps on credit. He called for fine-tuning housing policy measures to avoid unintended consequences, signaling a cautious regulatory stance. This suggests no imminent tightening of Spanish mortgage rules, which supports credit availability and housing market stability.