Spain’s National Bureau of Statistics said. home loans interest rates in Spain in March grew by 2.4% compared to same month last year.
However, the average amount approved last year dropped by 2.6%, mining 116,345 euros (143,282 U.S. dollars), so even if interest rates rise, however, fell 0.3% from last year, the total amount approved, in 6.225 billion euros (contact 766600000).
Approval to reduce the amount of decline in house prices caused by economic crisis.
Because of the home loans, the Basque Country and Asturias, northern Spain, it is the other area in La Rioja and Aragon’s mortgage approvals fell in Central. Xinhua News Agency reported.