In January, the average amount of mortgages had risen by 16.8 percent to 145,108 euros interannual.

For its part, the average amount per formed on residential mortgages stood at 134,612 euros, a 11.7 per cent more than the same month in 2005.

The value of mortgages formed on urban estates over 23,338 million in January, reflecting an increase of 25.3 percent. In homes that amount reaches 15.428 million euros, 26.7 percent more than in January last year.

The savings are the entities that grant more loans in February (with 51.1 percent of the total), followed by banks (34.8 percent) and other financial institutions (14.1 percent) .

Regarding capital loans, savings banks granted 49.8 percent of the total, 37.3 percent banks and other financial institutions 12.9 percent.

The average interest rate of mortgage loans from the savings is 3.39 percent and the average period of 25 years.

As for banks, the average rate of mortgage loans is 3.43 percent and the average 25 years.

97.9 percent of mortgages made in February using a variable rate versus 2.1 percent fixed rate.

Euribor interest rate is the reference used in the creation of mortgages with 83.5 percent of new contracts.

MORTGAGES WITH CHANGES IN ITS TERMS

The total number of mortgages with changing circumstances in February was 19,720, representing a growth of 34.5 percent.

In the case of housing, the number of modifying their mortgages grew 35.8 percent.

Because the nature of change in conditions, in February produced 14,923 novations (or changes made to the same financial institution), representing an increase of 31.4 percent.

The number of loans that change entity (subrogation to the creditor) is 3494, a 52 percent rate in interannual.

1303 for his part in changing the mortgage holder of mortgaged property (subrogation of the debtor), which represents an increase of 29.8 percent.