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Spanish Mortgages + 9.2% in volume + 9.6% in amount sept 2017

Spanish Mortgages + 9.2% in volume + 9.6% in amount sept 2017

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According to the latest publication of the INE, the number of mortgages on homes registered in property registries in September 2017 has been 29,388, a

The average amount of mortgages registered on housing in September is 123,649 euros.

The average interest rate is 2.83% and the average term is 24 years. 63% of mortgages on housing is made at a variable rate.
The communities with the highest number of mortgages constituted on housing in September are Comunidad de Madrid (5,660), Andalucía (5,542) and Cataluña (4,989: + 14% vs. September 2016).

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