The defaults on mortgages have fallen between the private sector resident since February to March, down from 5.42% to 5.38%. Between credit grantors entities include cooperatives, which are the largest mortgage capital have received since last year, may your mortgage volume increased nearly 3% (2.94%) higher than 2009, reaching 71,283 million euros. For its part, the banks increased mortgage volume by 0.08% in March last year, amounting to 605.038 million euros, and it banks increased by 1.68% more, to collect 402 809 000 euros.
The low default rate that exists in Spain reveals the faithfulness that people used to pay off their mortgages , being a priority to organize their financial resources, also thanks to lower interest since past under the monthly price of many mortgages.
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