The financial cost reduction pushing credit for housing
According to data provided by the Spanish Mortgage Association (Ahe), the volume of mortgage credit increased 3.598 billion euros, in the month of June. Thus, the total balance was 1.093.795 million. In this regard, the monthly increase in June doubled that of the month of may, of 1,796 million, and surpassed the 395 million achieved in the month of April in nine times. This is, basically, the containment of the prices of homes and the reduction of the financial costs.