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MADRID, 22 Jun. (EUROPA PRESS) -
The average rate at which Spanish entities granted mortgage loans stood at 1.624% in May, according to data from the Bank of Spain collected by the Spanish Mortgage Association (AHE).
Thus, the average rate of mortgage loans for more than three years for the purchase of free housing granted by entities in Spain continued to increase compared to 1.540% in April and 1.507% a year earlier.
This is its highest level since November 2021, when an average rate of 1.661% was registered.
In this context, the Euribor, the index to which most Spanish mortgages are referenced, closed the month of April at 0.287%, after registering positive values in April for more than six years.
For its part, the average rate of mortgage loans between one and five years for the purchase of free housing granted by credit institutions in the euro area was 1.720% (referred to the previous month).
