2023-06-25 06:31:01
The signing of mortgages fell in the Girona regions during the month of April. In the province up to 426 mortgages were signed to acquire a homea number that represents one 40.1% less than in March and 31% less than in April last yearaccording to the provisional data of the Mortgage Statistics of the National Institute of Statistics (INE).
The data in April in Girona are far from those recorded at the beginning of 2023, when up to 797 mortgages were signed in January, almost twice as many as initialed during the month of April in the demarcation. A data that arrives in a context of rising interest rates. In fact, in the State the average interest rate on new mortgages on homes was above 3% in April (3.09%) and exceeded by more than one point the figure of a year ago one year (1.77%).
The capital loaned for the constitution of mortgages in the Girona counties was of 58,461 million euros in April, 33.% less than in March and 32.8% less than a year ago.
They also fall in Catalonia
In Catalonia, mortgage signatures also fell in April to 4,477 signaturesso it will record the lowest figure since October 2020, that is to say, of the last two and a half years. According to provisional data from the National Institute of Statistics’ Mortgage Statistics, this is a decrease of 27% compared to April last year and 30.8% compared to March . Besides, the figure also represents a string of three consecutive months of decline.
Despite everything, Catalonia was, again, among the communities in the State with more mortgages signed on homes in the fourth month of the year, only behind Andalusia (5,473) and followed by the Community of Madrid (4,373).
The capital lent for the constitution of mortgages was of 697,776 million euros32.8% less than a year ago and 33.6% below March.
An 18% drop
In Spain, the number of mortgages on housing also fell, specifically 18.3% year-on-year, up to 27,053 signatures. Compared to the previous month, the decrease was 25.2%.
In relation to interest rates, statistics from the National Institute of Statistics highlight that 61.3% of home mortgages were at fixed rates and 38.7% at variable rates. This way, the fixed rate has lost weightbearing in mind that a year ago it represented 75.1% of the total (and 24.9% the variable).
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