Average interest rate for new mortgage-secured loans in Italy 2022, by macro area
The highest interest rate for mortgage-secured loans in Italy in 2022 was registered in Southern Italy. In comparison, in the North-East of Italy, the average interest rate of mortgage-backed loans for house purchases was lower at 2.31 percent, making it the cheapest region to take out a mortgage loan.
The interest rate is fixed on the date of signing of the deed of financing, as declared in the mortgage registrations, and applied for the first installment of the loan.