Rodríguez, María archivos

Mortgage prepayment: An alternative to saving

29 noviembre 2023

After one year of intense interest rate increases, coupled with very slow pass-through to deposit rates, households have moved decisively to reconfigure their savings, and also
their borrowings. In this process of recomposition of household financial flows and the search for an alternative to deposits, the early cancellation of debts, especially variable rate mortgages, which are undoubtedly the most affected by the rise in interest rates, has
gained increasing significance.

Cancelación de hipotecas como alternativa de ahorro

22 noviembre 2023

Este artículo analiza la magnitud del proceso de cancelación anticipada de hipotecas mediante un análisis conjunto de las series de concesión hipotecaria y de saldos vivos de dicho tipo de deuda, así como su contraste con las métricas históricas de vencimiento natural de la deuda hipotecaria.

Interest rate risk in the banking book and financial instability: Europe versus the US

19 julio 2023

Although the new interest rate scenario is clearly good news for the banks’ margins, the intensity, speed and persistence with which the increases have affected all tenors of the curve have other potentially very adverse effects for the banks more exposed to interest rate risk. While a comparison of EU versus US banks reveals that EU banks are less exposed to interest rate and liquidity risk, these aggregate parameters mask significant dispersion among the various entities on both sides of the Atlantic.

Riesgo de tipo de interés en los balances bancarios e inestabilidad financiera: Europa frente a EE. UU.

13 julio 2023

En este artículo se aborda el posicionamiento comparado de los bancos en Estados Unidos y Europa, poniendo de manifiesto que en ambos casos existe una considerable dispersión entre entidades.