![3,647.8 million euros borrowd in May](https://www.marbellaforsale.com/blog/wp-content/uploads/2018/07/mortgage-approvals-upin-may.jpg)
There were more than 31,000 new mortgage approvals for home purchases in May, 7.3% more than in May 2017. The average amount of those new loans was 117,044 euros, representing an increase of 2.8%. The total capital borrowed for housing, in May, was 3,647.8 million euros, an annual increase of 10.3%, according to the latest Continue Reading