April 15, 2021

The mortgages on houses increased in Madrid 104,8% in the last year

The mortgages on houses increased in Madrid 104,8% in the last year

Mortgages on homes increased by 104.8% in Madrid in January with respect to the same month of 2018, and the region registered the highest number of mortgages in the month, with 10,478, and also the one with the most capital for the constitution of mortgages. Mortgages on homes, with 1,377.4 million euros, according to data released by the National Institute of Statistics (INE).

According to these data, Madrid is the first community by number of mortgages constituted on homes in January -Andalucía (6,140), Cataluña (5,025) -, 167.7% more than in December 2018, and where more capital was has lent (102.3% more than in December) for the constitution of these mortgages, ahead of Catalonia (790.8 million) and Andalusia (657.5 million).

According to the INE, of the 13,073 mortgages registered in January in the Madrid region 9 were rustic and 13,064 urban, with 892 million euros lent for rural and 2,104,744 lent for urban.

Of the 14,064 mortgages constituted on urban farms in January, 10,478 corresponded to housing (1,377.4 million euros borrowed), 85 to solar (with a borrowed capital of 336,718 million), and 2,501 to other urban properties (390.6 million) .

In January, according to the INE, 9,006 mortgages on farms were canceled, 6,109 of them on housing.


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