Euribor mortgage base rates in June 2013

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    Euribor (12 months) in June was 0.507%, up 4.8pc in a mont, but down 58pc in 12 months.

    New mortgage lending

    New mortgage lending tells you how much new money there is chasing property – in this case the news is once again very bad. Fewer, smaller mortgages.

    There were just 17,508 new mortgage in April, down 18pc on last year, according to the INE. But on a monthly basis lending was up 7.6pc, the first monthly increase in 5 years.

    Average new mortgage value was down 5.8pc compared to April last year, and -2.7pc compared to March 2013

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