Author: ALBERTO LOPEZ
The average interest at the beginning was 2.72% for variable and 3.15% for fixed interest
Number mortgages constituted on households in Galicia fell by 13.8% in March compared to the same month in 2022, to 1,135 loans, according to data published yesterday by the State Bureau of Statistics (INE).
This figure represents 12.7% more than in the month of February and an annual decrease lower than the national average since there were 36,182 births in all of Spain. mortgages, 15.7% less than in March last year. The total borrowed capital was more than 130 million euros, 12.5% more than in February and 13.9% less than a year ago.
In Spain as a whole, the real estate mortgage company has been shackled by two months of negative rates. 36% of them were established with a variable rate, and 64% with a fixed rate. The average interest at the beginning was 2.72% for variable and 3.15% for fixed interest.
Source: La Vozde Galicia
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
