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In 2017 the Real Estate mortgages riskiness decrease

Posted: 3 May 2018

In 2017 the riskiness of real estate mortgages decreased, taking advantage from the improvement of the real economy and favourable interest rates, as well as a greater awareness of customers requiring funding.

The default rate, calculated by CRIF, reduced in the last years, returning very close to pre-crisis levels.

In 2017 the risk stood on 1.7% (180 past due). Also the stock of accumulated non-performing loans takes advantages from this: in September 2017 it stood on 170,9 billion euros, down by 9.7% compared to the previous quarter