Number mortgage increased by 2.9 percent in last January compared to the same month of 2022 Add 37,435 creditsThat’s the highest number in one January since 2020, when more than 40,200 mortgages were signed, according to data released this Monday by the National Institute of Statistics (INE).
With an increase in January compared to the previous year, Residential mortgage firm returns to positive interest rates After December 2022, it registered an annual decline of 8.8% after 21 consecutive months of annual increases.
Average mortgage amount on residences increased by 1.3% year-on-year In the first month of the year, 142,654 euros and loaned capital reached 5,340.2 million euros, an increase of 4.3%.
Average interest rate for all home loans in January 2.86%, average maturity is 24 years.
When it comes to residences, the average interest rate was 2.65%, above 1.85% compared to a year ago, with an average maturity of 25 years.
32.6 percent of residential mortgages were created last January. variable rateWhile signed at a flat rate of 67.4%. Initially, the average interest rate was 2.38% on variable rate residential mortgages and 2.79% on fixed rate mortgages.
INE reported continuing review statistical series Interest rates since January 2020, after introducing a new procedure to verify the results of the initial average interest rate on the mortgages created.
In this sense, he explained that the changes made during the verification process of these records consisted of re-adjusting the filters to accept abnormal values ​​that improved the estimate of average interest rates. “In this way, the revised series more accurately reflects the level of interest rates and their evolution over time.” sustains the organism.
Source: Informacion
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