The price of mortgages rises to 3.08%, the highest since January 2025
The signing of home purchase loans grows by 2.3%, to 33,841, the best figure for the eighth month of the year since 2022. The average amount signs another record.
In August, 33,841 mortgages were registered in Spain, a 2.3% increase from the same period last year, according to the Instituto Nacional de Estadística (INE). The total value of mortgages signed in the first eight months of the year grew by 5.1% compared to the same period in 2025. The average interest rate for mortgages rose to 3.08%, and the average loan amount reached a record high of 181,285 euros, a 7.7% increase from the previous year.
The total amount lent by banks increased by 10.2% to 6,134 million euros, and the outstanding mortgage balance grew for the 20th consecutive month to 528,730 million euros.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
