growing trend of Italian families to choose a fixed rate mortgage
. This trend recorded by the ABI Monthly Outlook. The share of equity financing and
'increased from 22.1% of average
2003 to 70.6% in the first five months of 2008, approaching the composition
between fixed and floating rate loans to that
records in other countries in the euro such as Germany, Holland and Belgium. A prevalence of variable rates
is registered in Spain, Portugal and Ireland. "If
then you analyze the flow of new loans for house purchase
in Italy during the period examined - the report says - there is a growing trend
with an annual intake that increased from 31 billion euro in 2003 to
just under 53 billion in 2007. In the last period the flow of new mortgages
was affected by the financial market tensions and signs of a slowdown in the housing market
yes and '
passed by a flow of new loans amounting to over 21 billion through May
2007 to 18.4 billion in the first five months of 2008. " (AGI) - Rome, July 16 -
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