INE releases Mortgage data in Spain
Data released by the INE show that Mortgages in Spain reduced in number over March but increased significantly on same month of last year.
Home loans in Spain
Lending for buying a house remains at high levels of total credit granted.
Interest rates are very stable with little change to average granted rates over last few months.
April 2021 figures may be skewed by an early Easter
Aprils figures could have been affected by an early Easter Break but travel restrictions are playing a part.
Travel restrictions have an impact on mortgage completions
Many UK buyers even those with properties found have been unable to complete.
For the first time in many months the Spanish Banks saw a net outflow to their mortgage books.
Read the full article:- Loans in Spain April 2021
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