Mortgage Default Rate Drops To 4.73% In June

19 October 2017 – Expansión

The default rate on loans granted to buy homes decreased from 4.79% to 4.73% in June, whilst the default rate in the property developer and real estate sector fell from 24.12% to 21.47%. These figures represent the lowest levels recorded since December 2011.

Original story: Expansión

Translation: Carmel Drake