The number of home mortgages constituted was 46,661 in March, 9.0% more than the same month in 2025. The average amount of these transactions stood at 174,132 euros, an increase of 10.1%.
The average amount per mortgage divided by the total number of properties registered in the land registers (from previously executed public deeds) rose by 9.0%.
For home mortgages constituted, the average interest rate was 2.84% and the average term was 25 years. 36.2% of home mortgages were taken out at a variable rate and 63.8% at a fixed rate.
The average starting interest rate was 2.86% for variable rate home mortgages and 2.83% for fixed rate mortgages.
Percentage
The total number of mortgages with changes in their conditions recorded in the land registries fell by 28.3% in March in the annual rate.
Novations (or modifications with the same financial institution) decreased by 25.2% and subrogations to the debtor (changes to the holder) by 43.7%.
In contrast, subrogations to the creditor (change of entity) increased by 8.0%.
82.2% of the 10,549 mortgages with changes in their terms and conditions were due to changes in the interest rates.
The Autonomous Communities with the largest increases in the annual variation rates in the number of mortgages on dwellings in March were the Comunidad Foral de Navarra (60.4%), Aragón (45.4%) and Comunidad de Madrid (19.1%).
The largest declines in annual rates were in Galicia (-20.7%), Castilla y León (-16.6%) and País Vasco (-12.3%).
Percentage
The data for 2026 are provisional and will be reviewed when the data for the same period next year are published. All results of this operation are available on INEbase.
The Mortgage Statistics provide information on constitutions of mortgages, that is, on the number of new mortgages constituted on real estate properties during the reference month and the amount of new mortgage loans corresponding to said mortgages. Since 2006, information on mortgage changes and cancellations is published. All this information is broken down on the basis of various variables, such as the nature of the mortgaged property or the lending institution.
All the information on constitutions, changes and register cancellations of mortgages is obtained from the information contained in the Land Registers of the entire national territory, by virtue of a collaboration agreement signed in 2004 between the two institutions. In order to facilitate comparisons, the data for 2003 are presented according to both the old and the new base.
More information in the methodology and the standardized methodological report.
INE statistics are produced in accordance with the Code of Good Practice for European Statistics. For more information see the section on Quality at INE and the Code of Best Practices on the INE website.
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