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CRIF: new mortgage slowdown in February

Posted: 11 March 2019

The recent edition of the CRIF Barometer confirms that even in February the slowdown in the demand for new mortgages and subrogations by Italian families continued, with a decrease of 7.8% compared to the corresponding period of February 2018.

To mitigate the negative performance of requests signals the growth of the average amount, which is + 2.9% to reach 129,702 euros.

The trend observed can be explained by the gradual reduction in the impact of replacement mortgages, already started in previous years.