The mortgages fell almost 40%

The number of mortgaged houses registered a drop in rate of 39.65% on-year in March to a total of 70,387 buildings, representing the largest decline since the start of the new series in 2003.

For his part, the average fell by 3.76% compared to March 2007 stood at 141,725 euros, according to statistics published today by mortgages on the National Statistics Institute (INE). Además, el capital prestado para este tipo de hipotecas en el tercer mes del año alcanzó los 9.975 millones de euros, lo que supone un descenso del 41,92% respecto al mismo mes del año anterior. In addition, borrowed capital for such mortgages in the third month of the year reached 9975 million euros, representing a decrease of 41.92% over the same month a year earlier.
The average amount per mortgage constituted on the total farm and urban areas stood at 164,637 euros, 1.46% more than in March 2007 and a 2.77% lower than in February this year.