The mortgage firm continues unstoppable in the first months of the year in the heat of the boom to buy housing.
Only in March
, 43,378 contracts were signed
, which represents an increase of 18% compared to the same month of the previous year and the highest figure since February 2011, when 49,892 loans were formalized.
The data published this Friday by the National Institute of Statistics (INE) reaffirm the strength of demand in the Spanish real estate market after the pandemic and also in the mortgage market.
In fact, the housing loan firm has chained 13 months of consecutive year-on-year increases.
Along with the number, the
average amount granted also rose to 145,715 euros
, with an increase of 6.5%.
By autonomous communities, those that registered the highest number of mortgages constituted on homes in March 2022 were Andalusia (8,966), Catalonia (7,545) and Madrid (7,308).
The average interest rate was 2.53%, up from 2.47% a year earlier, with an average term of 25 years.
27.3% of mortgages on homes were constituted last March at a variable rate, while 72.7% were signed at a fixed rate, maintaining the high trend of recent months, after in February this percentage reached an all-time high of 73.8%.
The average interest rate at the beginning was 2.15% for home mortgages at a variable rate and 2.68% for fixed rate mortgages.
Conforms to The Trust Project criteria
Know more
living place
mortgages
Articles Maria Hernandez