Spanish Mortgages +11% in 2024
Spanish mortgage market shows 11.2% growth in 2024, with 423,761 new home loans registered, according to Spain’s National Statistics Institute (INE). Key findings from INE’s annual mortgage data: Total mortgage value reached €61.73 billion, up 14.2% from 2023 Average mortgage amount increased 2.7% to €145,673 Fixed-rate mortgages dominated the market, representing 63.4% of loans in December 2024 Average interest rate stood at 3.25% in December […]