The number of mortgages constituted on housing registered in the property records increased by 54.4% in May with respect to the same month of 2024, until 42,274 operations, which, according to the data published this Friday by the National Institute of Statistics (INE).
The average amount of these operations grew by 12.7%, until it is 158,153 euros, the INE points out, which adds that the average interest rate in the new mortgages was 2.91%. 30.1 % of housing mortgages were constituted at a variable type and 69.9 % to fixed type.
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