Italy: mortgage interest rate (fixed period rate up to one year) Q1 2016- Q3 2022
The mortgage interest rate for mortgages with initial fixed period rates up to one year in Italy decreased overall between 2016 and 2021, followed by an increase in 2022. As of the third quarter of 2022, the rate stood at 1.88 percent, up from 1.36 percent the year before. In the same period, the gross residential mortgage lending in Italy amounted to around approximately 15 billion euros.
