Home mortgages rise 14%, recording their best April since 2010.

The number of mortgages issued on homes rose 14.4% in April compared to the same month in 2024, reaching 39,176 loans, the highest figure for an April since 2010 , according to data released Friday by the National Statistics Institute (INE). With April's year-on-year increase, 30 points lower than that of March (+44.5%), the number of mortgages issued on homes has seen ten consecutive months of increases .

The average interest rate on home loans stood at 2.98% in April, slightly higher than the 2.97% recorded in March, but below 3% for the third consecutive month.

The average interest rate for home mortgages fell below 3% in February for the first time in almost two years , and in April it remained below that level, although it rose slightly compared to March. According to Statistics, the average mortgage term reached 25 years in the fourth month of 2025.

The average mortgage amount on residential properties rose 12.4% year-on-year in April, to €155,883 , while the capital loaned increased 28.5%, to €6.1068 billion.

In April, 32.9% of home mortgages were issued at a variable rate, while 67.1% were at a fixed rate, the highest percentage since January 2023. The average starting interest rate was 2.87% for variable rate mortgages and 3.04% for fixed rate home mortgages.

On a month-on-month basis (April versus March), home mortgages fell 8.5% and loan capital decreased 9%. Meanwhile, the average home mortgage loan amount decreased 0.5% compared to March.

In the first four months of the year, the number of mortgages for home purchases increased by 17.3%, with increases of 33.5% in the capital lent and 13.8% in the average loan amount granted.

By autonomous communities, those that registered the highest number of mortgages taken out on homes in the fourth month of the year were Andalusia (7,738), Madrid (6,386), Catalonia (6,310) and the Valencian Community (4,741).

All regions signed more home mortgages last April than in the same month of 2024, except for the Basque Country, which recorded no change. On the growth front, year-on-year increases in Extremadura (+84.9%), Navarra (+61.7%), La Rioja (+45.3%), Castilla y León (+41.8%), and Murcia (+33.7%) stood out.

The most moderate increases were recorded in Asturias (+4.3%), Aragon (+5.4%), Andalusia (+8.8%), the Valencian Community (+9.3%), and Catalonia (+9.7%). In the remaining regions, increases exceeded double digits.

According to data from the statistical agency, the number of mortgages on rural and urban properties (the latter including homes) rose 12.6% in April compared to the same month in 2024, reaching a total of 50,562 loans .

The capital of mortgage loans granted grew by 24.9% year-on-year in the fourth month of the year, reaching €8.62 billion, while the average amount of mortgages granted on total properties increased by 10.9%, to €170,489.