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The Fall in the Volume of Mortgages Signed Slowed in November to 2.4%, According to INE

The signing of mortgages constituted over houses registered a decrease of 2.4% in November, but the average amount loaned increased by 5.5%.

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The signing of new mortgages moderated its fall in November, after the decrease of 5.9% registered in October when it recovered its downward path.

In total, 28,756 residential mortgages were constituted and recorded in the property registers in November, down by 2.4% compared to the same month in 2019, according to data released on Wednesday by the National Institute of Statistics (INE).

Read the full article in Spanish.


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