Spain mortgage costs fall

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Spain mortgage costs fall


News Article Date: Monday 12th of October 2009

The cost of a mortgage in Spain fell 14.4% in July from the year-ago period, while the number of mortgages that changed their conditions grew by 37.5%, while mortgage cancellations fell by 23%, said the Instituto Nacional de Estaditica on Monday. For mortgages that focused just on houses, the cost fell 18.3% versus the same period of 2008 and 2.6% less than the previous month
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