this medium type Spanish institutions gave mortgage loans in August 2.198%It is the highest level recorded since April 2015, according to data from the Bank of Spain collected by the Spanish Mortgage Association (AHE).
Thus, the average rate of mortgage loans over three years for the purchase of free housing issued by organizations in Spain rose for the fifth month in a row Up to 2,198% compared to 1,986% recorded in July. A year ago, the average rate was 1.529%.
The rise comes in a context where Euribor, the index by which most Spanish mortgages are referenced, closed August at 1.249. Over 0.992% recorded in July, It continues the uptrend that started in early 2022.
On your own behalf average mortgage loan rate for one to five years For free housing purchases given by credit institutions in the euro area, it increased to 2.26% (compared to the previous month) compared to the previous month.