Mortgage interest rate (fixed period rate beyond ten years) in Italy 2016-2022
The mortgage interest rate for all maturities beyond ten years of the initial fixed period in Italy decreased overall between 2016 and 2021, followed by an increase in 2022. As of the third quarter of 2022, the average mortgage rate was 2.84, which was the third consecutive quarter of increase and the highest rate since the beginning of the observation interest. As of December 2019, interest rates were the highest in Sardinia and the lowest in Lombardy.
