Retop the mortgage slowness of the families
24.03.2008
The valuation of slowness of the mortgage loans granted to the families for the buy of a housing – when the non-payment of some quota overcomes three months – reached 0,72 % in 2007, the highest level from, at least, 1999, according to information of the Spanish Bank.
Also, the slowness registered in the last trimester overcomes in more three tenths the ratio with the one that closed 2006 (0,41 %) and almost it doubles the percentage reached in 2004 (0,34 %). This fact supposes a new assertion of the tendency to the rise of the slowness observed during the last year.
Also, the information of the institution governed by Miguel Angel Fernández Ordóñez reflects that this evolution has gone couple to the increase of the interest rate of the loans for the housing acquisition hired, derived from the hardening of the monetary conditions in the Euro area.
This way - the interest rate of the loans hired by the families for the acquisition of a housing reached 5,6 % in January of this year, what supposes a maximum of last years and an increase of more than two points from 2005, year in which 4 % gave beginning the successive interest rates increases on the part of Banco Central Europeo (BCE) up to the current one.
Also, this increase has been accentuated throughout the present year, since the average interest rate in January was three tenths superior to the registered one in the set of last year, when it was located in 5,3 %.
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