Mortgage and financing interest rates are falling, the decline in loans to families and companies is slowing, and bank deposits are rising, a sign that caution in investments, in times of uncertainty, is what serves as a guiding star. This is the picture taken in June by Abi’s monthly report, which highlights a substantial consolidation […]
Tag: mortgages
Mortgage Rates Fall, Market Won’t Wait: What Happens to New Loans
The long-awaited rate cut, after ten months of calm, is still at most a month or two away, unless there is a sensational turnaround. However, something is already moving, to the delight, so to speak, of those who have a mortgage. In fact, in March, interest rates on loans granted during the month to families […]
Cheaper mortgages and lower repayments: How long will it last?
An increasing number of Italians are afraid of sudden changes in their mortgage payments. Young couples and families, as well as singles, are trying to understand how the mortgage market may change in 2024 to avoid unpleasant surprises. It all starts with the ECB’s interest rate decisions. But now that the Frankfurt institute seems to […]
Interest rate cut signal coming from mortgage and ECB (but not before summer)
ECB President Christine Lagarde said she was confident that the ECB Governing Council could find a majority in favor of the first rate cut in the summer. “I would say it’s likely,” Lagarde told Bloomberg in a television interview from Davos, where she is attending the 2024 World Economic Forum. Of course, there is no […]
Because mortgage payments will decrease starting from February
Inversion is there. In December 2023, the increase in housing interest rates stopped. Following the increase recorded in November, the rate of new housing loans given to families by banks in Italy in the last month of the year decreased from 4.50% to 4.42% compared to the previous month. He reported this to Abi in […]
Because mortgage payments will decrease starting from February
Inversion is there. In December 2023, the increase in housing interest rates stopped. Following the increase recorded in November, the rate of new housing loans given to families by banks in Italy in the last month of the year decreased from 4.50% to 4.42% compared to the previous month. He reported this to Abi in […]
Housing loans, lower installments: Interest rates have started to decline
Good news for those who decide to buy a house with a mortgage. The scenario of falling interest rates alleviates the cost of loans, with savings of up to 24 thousand euros on 200 thousand loans over thirty years. Mortgage payments are finally falling again after reaching nearly prohibitive levels, but that’s not the case […]
Mortgage rates start to fall: the market anticipates the ECB
The first to make the prediction was the president of ABI, Antonio Patuelli, who in an interview a few weeks ago with Corriere della Sera explained that «the market anticipates Frankfurt and the effects of a future easing of monetary policy are beginning to be seen. .” Thus, after rapid interest rate increases by the […]
Bonus for young people who buy houses: What will happen in 2024?
Last days for those under the age of 36 to benefit from a tax deduction on their first home purchase. In fact, exemptions for registration tax, mortgage and title deed taxes, VAT reduction and replacement tax exemption have been provided in 2024. for mortgages. The concessions have been in force since May 2021 and were […]
Dark year for mortgages, rates still high. No gift from Lagarde
It is very likely that Christine Lagarde will not make a first rate cut under the Italian tree. What a shame, because it would have been a nice gift, especially now that inflation is falling, ticking the list of alibis in favor of the Eurotower. And the Federal Reserve will also be delaying, as it […]