Castilla-La Mancha registers a decrease of 25.1% in the number of mortgage loans in May

by time news

2023-07-21 13:34:44

Last May, 1,231 mortgages were constituted in CLM, 25.1% less than in the same month of 2022, a decrease that UGT attributes to the rise in interest rates

According to data published by the INE, the number of mortgages constituted on homes in Castilla-La Mancha during the month of May was 1,231, which represents 25.1% less loans compared to 2022. The capital lent also decreased, standing in our region at 124,976 million, with an annual decrease of 24.1%.

From UGT Castilla-La Mancha, they attribute this decrease to the impact of the rise in interest rates. And it is that the average interest in new mortgages on homes has risen more than one point compared to the previous year, up to 3.15%.

The rate hikes carried out by the European Central Bank (ECB) to combat inflation continue to make financing more expensive, something that worries UGT CLM a lot.

For this reason, from the union they consider it essential that complementary measures be put in place to help and support families. As well as raising wages so that they can cope with their day to day, and more in the case of mortgaged families. A measure that would have a favorable impact not only on the population, but on domestic consumption and the economy. In addition, they demand that salary review clauses be included in collective agreements, and that the V Agreement for employment and Collective Bargaining be complied with.

#CastillaLa #Mancha #registers #decrease #number #mortgage #loans

You may also like

Leave a Comment