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Interest rate on new mortgages for households Spain July 2015-July 2016

This statistic shows the monthly evolution of the interest rate (TEDR) of the new housing loan operations to households and NPISHs (non-profit institutions serving households) in Spain between July 2015 and July 2016. During in the last year, the mortgage loans granted by the Spanish banks were cheaper thanks to lower interest rates.

Monthly evolution of the interest rate (TEDR) of the new credit operations on housing in Spain between July 2015 and July 2016

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Sources

Release date

July 2016

Region

Spain

Survey time period

July 2015 - July 2016

Special properties

weighted average rate

Supplementary notes

* Provisional
** TEDR: cash type restricted definition, which is equivalent to APR (annual percentage rate) excluding commissions. Home Interest rates applied by monetary financial institutions to residents of the Economic and Monetary Union (Bank of Spain Circular).
Loans granted by credit institutions and credit financial institutions.

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