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Fewer applications for mortgage

26 March, Corriere della Sera

The fall of mortgage applications continues, even if at an increasingly slower pace. According to Crif, in February the decrease has been equal to 6.9% in comparison with the same period of 2017, while for the first two months of the year the reduction has been of 9%. The negative result is due to the growing reduction of subrogations. Whereas the requested amount has grown by 1.3% on a yearly basis, reaching  126,063 euro.

Source: Corriere della Sera

Translator: Cristina Ambrosi