In May, the total value issued in the mortgage lending rose by 7,1% on the previous month. In the residential segment, this figure rose to 11,6% on a monthly basis, according to a report of the National Statistics Institute of Spain. In relation to past May's mortgage lending declined in the segment of residential real estate (7,2%), and the market in general (at 15,2%). The average rate on a Spanish mortgage was at 3.92% in May - the same as in April. Recall that in April in the mortgage market of the country have been declining quantity and volume of mortgage loans as a monthly and annualized.
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