The Limited Times

Banks: new mortgage rates rise to just under 2% in May

6/14/2022, 1:20:56 PM


In May, rates on new bank mortgages rose just under 2%, to 1.93% compared to 1.81% in April, thus returning to the levels of February 2019. This is what is obtained from the Abi monthly report according to which in May 2021 they were equal to 1.4%. (HANDLE)

(ANSA) - ROME, JUN 14 - In May, rates on new bank loans rose just under 2%, to 1.93% compared to 1.81% in April, thus returning to the levels of February 2019. derives from the monthly ABI report according to which in May 2021 they were equal to 1.4%.

The deputy director of the GianfrancoTorriero association however recalled how, in recent years, 85% of mortgages have been granted at a fixed rate and will not be affected by the movements in the reference rates of these weeks.

The growth of bank deposits slightly slows down, which recorded a trend change of + 4.9% compared to + 5.5% in the previous month and + 6.2% in May 2021 "with an increase in absolute value on an annual basis of 87 billion euros, bringing the amount of deposits to 1,861.7 billion "(ANSA).