SANTA CRUZ DE TENERIFE/MADRID, June 24. (EUROPA PRESS) –
The number of mortgages constituted on homes in the Canary Islands increased by 16% last April compared to the same month of 2021, reaching 998, and the borrowed capital increased by 16.7%, reaching 177.6 million euros .
At the national level, the number of mortgages constituted on homes increased by 4.5% last April compared to the same month of 2021, to add 33,423 loans, the largest in a month of April since 2010, when more than 50,000 were signed. mortgages.
According to data released this Friday by the National Institute of Statistics (INE), with the advance of April, the home mortgage firm has chained 14 months of consecutive year-on-year increases.
However, the rebound in April, which moderates that registered in March by more than 13 points, is the lowest year-on-year growth in home mortgages since February 2021.
The average amount of mortgages constituted on homes increased by 2.2% year-on-year in the fourth month of the year, to 142,253 euros, while the borrowed capital grew by 6.8%, to 4,754.5 million euros.
By autonomous communities, those that registered the highest number of mortgages constituted on homes in April 2022 were Andalusia (6,688), Catalonia (6,141) and Madrid (5,598).
Month-on-month (April over March), home mortgages fell 22.9%, while borrowed capital sank 24.8%. In both cases, they are their biggest decreases in a month of April since 2018.
In the fourth month of the year, the average interest rate for all mortgage loans stood at 2.69%, with an average term of 24 years. In the case of homes, the average interest rate was 2.52%, above the 2.51% of a year before, with an average term of 25 years.
24.7% of mortgages on homes were constituted last April at a variable rate, while 75.3% were signed at a fixed rate, a new historical maximum.
The average interest rate at the beginning was 2.16% for home mortgages at a variable rate and 2.65% in the case of fixed rate mortgages.