{
  "id": 16687726,
  "title": "The price of mortgages rises to 3.08%, the highest since January 2025",
  "url": "https://urgent.news/2026/10/27/el-precio-de-las-hipotecas-escala-al-3-08-maximo-desde-enero-de-2025",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-27T01:02:48.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/ahorro/2026/10/27/6adfce20e5fdea50638b4582.html"
  },
  "original_language": "es",
  "account": "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.",
  "summary": "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.",
  "key_points": [
    "Mortgage rates hit 3.08%, highest since January 2025",
    "33,841 mortgages recorded, 2.3% increase from last year",
    "Average loan amount rose to 181,285 euros, 7.7% year-on-year"
  ],
  "editors_take": "The steady climb in interest rates and loan amounts signals a resilient mortgage market that continues to expand despite the increasing financial burden placed on new homebuyers.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}