Italy, mortgages at the highest level in five years

From the monthly report of 'Abi in August shows that banks make to speed up the interest rate on loans up from 5.60% house of the month of July to 5.63%, the rate of mortgages was not something from the high ¬ 2002, which was 5.66%, and only in 2005 had fallen to 2%. On the monthly report says that the average cost of funding due ¨ as "a reflection of the particulars of the ECB monetary policy". In addition to loans even home loans to households and to non-financial undergo an increase ranging from 5.83% to 5.86% and also for new loans to non-financial benefit from a higher interest rate ranging from 4.92% to 4.93%. Cause for reflection room online reporting of 'Abi that this increase in bank rates not yet fully reflect what was announced dall'Eurotwer sull'aumeto of reference rates. In the period between August 2006 and August 2007, compared with a rise in interest rates by 100 basis points of reference, the report said Abi, in September 2007 such points, the average rate, 74-Ã ¨.

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