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Mortgage Debt for Housing Rose by 5.5% During the Third Quarter

hipoteca moratoria ahorro vivienda 1024x683 3
hipoteca moratoria ahorro vivienda 1024x683 3

After six consecutive months of negative interannual rates, the number of mortgages constituted over homes (and recorded in the property registers) increased by 18.4% in September compared to the same month in 2019, to reach 26,878, according to data from the National Institute of Statistics (INE).

However, in the total calculation for the third quarter, the number of mortgages constituted over dwellings decreased by 5.1%; compared to a fall of 17.8% registered between April and June, according to data from the Association of Property Registrars of Spain.

Read the full article in Spanish.