Mortgage loans reached 635 USD bil in 2017 in Spain, according to the National Central Bank. This is 11.9 % more than in the previous year.
Historically, mortgage loans in Spain reached an all time high of 970 USD bil in 2009 and an all time low of 114 USD bil in 1997. When compared to Spain's main peers, mortgage loans in France amounted to 1,269 USD bil, 450 USD bil in Italy and 133 USD bil in Portugal in 2017.
Spain has been ranked 9th within the group of 79 countries we follow in terms of mortgage loans, 2 places behind the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.