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ABI: new low in September for mortgage rates

Posted: 20 October 2016

The average interest rates applied to mortgages for home purchases as granted by Italian banks fell to 2.05% in September, marking a new record low, according to data published in the monthly ABI (the Italian Banking Association) report, which summarises the movement of fixed and variable rates.

In August, the rate stood at 2.16% and in July at 2.09%.