Annual average interest rate on new mortgage loans in Italy 2006-2023

Published by Statista Research Department, Oct 10, 2024

The annual average interest rate on new residential loans in Italy rose to 4.42 in 2023 - the highest rate recorded since 2009. In contrast, the lowest interest rate was observed in 2020, when it stood at 1.25 percent.

Annual average interest rate on new residential mortgage loans in Italy from 2006 to 2023

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Release date

August 2024

Region

Italy

Survey time period

2006 to 2023

Supplementary notes

Representative interest rates include six main types:

Weighted average interest rate on loans to households for house purchase.
Initial fixed period interest rate up to 1 year on loans for house purchase.
Initial fixed period interest rate over 1 and up to 5 years on loans for house purchase.
Initial fixed period interest rate over 5 and up to 10 years on loans for house purchase.
Initial fixed period interest rate of over 10 years on loans for house purchase.
Other.

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