Mortgages increase, while the interest rates stabilizes


Mortgages increase, while the interest rates stabilizes

Great Estate Network , Laws&Regulations Dec 12, 2014 No Comments

The mortgages requests and their supply is increasing. This data, together with the stability of the rates, brings many Italians to purchase. Bankitalia and Abi data are very positive: in the first trimester of 2014, they prove an increase of the mortgages and loans requests for the purchasing of a home. So, the real estate sector is coming back. Italians are finally purchasing again! There are great expectation for the three-years period starting this year and that, probably, will see a further increase of the real estate due to the interest rates amount stabilization. Banks and financial institutes will easily supply more mortgages, even if some deeper checking are included too. So, very positive news from a fundamental sector of the national economy which had suffered the crisis a lot and survived thanks to the luxury market and the international investments mainly. Italy is and remain one of the favourite international destinations for the second homes buyers. Among the most requested areas there are the centre of Italy – Tuscany, Umbria, Marche -, but also the Ligurian Riviera, the Lakes area and the southern Apulia.

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Marianna Gaiotto

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