In April, the total value issued in the mortgage loans decreased by 15.4% from the previous month. In the residential segment, this figure dropped to 7,7% in monthly terms. According to the April 2009 volume of mortgage lending declined as a segment of the residential real estate (1%), and the market in general (14,5%), according to a report of the National Statistics Institute of Spain. The average rate on a Spanish mortgage was at April 3,92%. A month earlier it stood at 3.91%.
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