Registered Mortgages in Spain
February figures published by the INE showed a marked increase in loan levels in Spain from February 2019 but a drop against Januarys figures.
This will not as yet be reflecting the situation with COVID 19 but March figures most certainly will.
Average loan size increases
Due to a significant rise in the average loan size which seems to relate to something that happened in Cataluna the amount of capital lent was however above January figures.
The rise in average loan size was very significant so will be an anomaly, what caused this is not explained in the report.
Small increases in interest rates
Interest rates edged up marginally and the level of fixed rates versus variable rate product types remains static.
Andalucia and Cataluna had the best months of all the regions.
Read the full article :- Spanish loan levels up on last year
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