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Mortgage rates stable at 3.44% in August - ABI

19-mts low, cost of loans to businesses falls

Redazione Ansa

(ANSA) - ROME, SEP 14 - Italian mortgage rates remained stable at 3.44% in August, the Italian Banking Association (ABI) said in its monthly report Saturday.
    The average rate on new mortgages to households remained stable at 3.44% in August, unchanged from the previous month when it had reached the minimum for 19 months, it said. Instead, the average rate on new lending to businesses, at 5.07%, compared to 5.27% in July.
    In general, the dynamics of a decline in market rates is continuing, ABI said. (ANSA).
   

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