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Fixed rate mortgages back as preferred choice for homebuyers

Posted: 10 March 2017

The fixed rate option is coming back into fashion among Italians looking for a mortgage.

According to CRIF (an independent provider which elaborates data from banks and financial intermediaries) the fixed-rate mortgage had reached a share of 56% of total mortgages requests in Italy in the fourth quarter of 2016.

This is the fifth consecutive increase. Obviously variable-rate mortgage requests declined to 42% in the same period.