Number of mortgages granted grows 11% year-on-year, average amount 10.2% and total amount granted 24.3%

After closing a 2024 record -423,761 mortgages signed, 11.2% more than in 2023-, the mortgage market has started 2025 with the same trend. According to data published today by the National Institute of Statistics, in January 2025 38,058 mortgages on housing were signed in our country, 11.0% more than in the same month of the previous year . A very good news is that the average interest rate experienced its lowest rate since April 2023, when it s…

The number of mortgages on housing in Spain stood at 38,058 last January, 18% more than in December 2024.

Number of mortgages granted grows 11% year-on-year, average amount 10.2% and total amount granted 24.3%

The Corner Santiago Martínez Morando (Ibercaja) | The strong growth of the mortgage market experienced in the second half of 2024 continued in January: the number of mortgages granted grew by 11.0% year-on-year, the average amount per mortgage by 10.2% and the total amount granted by 24.3%. In twelve months, 429,000 mortgages were granted for an average value of €146,835 and a total amount of €62,948 million. Number of mortgages granted in...

The accelerated pace with which the real estate market has started the year coincides with another equally remarkable phenomenon: the number of flats that are bought in cash. The house purchased in Spain without the need to resort to credit reached one of its highest levels this January, with almost 38% of the 60,650 houses transacted. Against this, 62% were bought using mortgage, according to the statistics of the INE published this Monday. In …

Consensus of the Santiago Martínez Morando Market (Ibercaja) The strong growth of the mortgage market experienced in the second half of 2024 was continued in January: the number of mortgages granted grew by 11.0% year-on-year, the average amount per mortgage by 10.2% and the total amount granted by 24.3%. In twelve months 429,000 mortgages were granted for an average value of 146,835€ and a total amount of 62,948 M€. Number of mortgages granted…

As for December last year, the number of mortgages on housing rose by 18% in January 2025, according to the INE.