Spanish Mortgage Lending Rises 10.8%

26 Jul 2010

The number of residential mortgages approved in Spain rose 10.8% in May, compared with the preceding month, according to the National Institute of Statistics.

The number of residential mortgages approved in Spain rose 10.8% in May, compared with the preceding month, according to the National Institute of Statistics. The NSE found, however, the value of the average mortgage declined 3.7% from April and 7.8% from a year earlier. Savings banks, known as ...

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