Italy’s Average Mortgage Interest Rate Is Up To 2.73% – English

(ANSA) – ROME, Nov 15 – Italian banking association ABI said on Tuesday that the average interest rate charged by Italian lenders on mortgages rose to 2.73% in October from 2.26% the previous month.

The rise follows interest rate hikes by the European Central Bank (ECB).

ABI deputy director Gianfranco Torriero said Italian banks had yet to apply the ECB’s latest rate hike.

(ANSA).

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