Mortgages in Spain will become more expensive. And the requirements for obtaining a mortgage loan will increase. Experts predict that mortgage rates will be at 3.75% level in May, and then rise to 4% within a few months. In the worst-case scenario, rates may rise by a record 5% per year by the end of 2023. The European Central Bank is taking steps to ease the situation as more and more average EU citizens cannot afford a mortgage.