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Mortgages, applications are decreasing

11 December, Corriere della Sera

The number of applications for mortgages is dropping. In November, the risk centre Crif reported that the application for mortgages had decreased by 20.40% compared to the same month of 2016. This is due to the physiological decrease of subrogations. On the other hand, the value regarding the amounts issued is at its highest point, reaching 128,351 euro. 70.4% of the applications regard mortgages with a duration of over 15 years.

Source: Corriere della Sera

Translator: Cristina Ambrosi

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