Interest charged by banks in granting credit, both consumer loans and loans for property purchases rallied in the ninth month this year, in proportion to the month of August, according to preliminary data released by the Bank of Spain.
Thus, the average interest companies allocated in September, loans for house purchases reached 2.65% after a quarter of the promotion, the highest level since last February, in the case for consumer credit rose in September to reach 7.87%, after declining in previous three months.
As the use for other purposes, the average firm below 5.90% in August and reached 6.06%.
The behavior of the various entities is mixed, savings banks reduced the interest of all loans, while banks reduce consumption and other purposes, but the ride is to buy a house.
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