According to the data of the EURISC Credit Information Systemin the first quarter of 2025 the Questions for mortgages In Italy they have returned to grow, with a solid +22.4% Compared to the same period of 2024. A sign of a greater trust from consumers, especially in the lowering of interest rates by the European Central Bank.
The amounts have also increased, but the length of the mortgages also grows, which sees those Between 25 and 30 years Among the most widespread ever. As for the age classes, the most active band is between 25 and 44 years.
Mortgage rates downhill, questions increase
The European Central Bank has recently confirmed its expansive monetary policy, cutting interest rates also given the figure of inflation in the eurozone, which seems to be under control. This seems to have led to a greater trust, by consumers, in the possibility of contracting A convenient mortgage for the purchase of a house.
The main consequence of this monetary policy is, as mentioned, the increase in questions. Also in March, the growth was 20% compared to the same month of 2024. A figure on average with that of the rest of the quarter, which could suggest a positive trend also as regards the following months.
“The monetary strategy adopted by Brussels brought a breath of optimism in the credit sector. Italian families, benefiting from more favorable economic conditions, return to look at the real estate market with interest, favoring in particular the fixed rate mortgages, considered safer and more stable “commented Simone Capecchi, an executive director of CRIF.
The importance of subrogations in mortgages growth
However, the main engine of mortgages are not the new loans for the purchase of a house. In fact, these have undergone an increase only of the1.1% compared to 2024in the first quarter of 2025. A significant fact, but which underlines that no explosion of the real estate market is underway.
To tow the data of the growth of mortgages are instead the subrogationwhich increased by 19.6%. A trend that should also continue in the rest of the year and that represents the will of consumers to improve the conditions of their mortgages.
In fact, many families were obliged to contract a mortgage during 2022 and 2023, when interest rates were very high and therefore the cost of an extremely high loan. Now that the conditions are better, the possibility of renegotiating them opens.
The amounts of mortgages are increasingly high
The greatest convenience of mortgages also made the medium figures requested at the time of purchase of a house grow. The data is around 124 thousand euros, with 31.1% of families asks for a mortgage between 100 thousand and 150 thousand euros. However, 30.3%are almost as many, families who require a loan between 150 thousand and 300 thousand euros for the purchase of a house.
63% of the questions come from the age group between 25 and 44 years of age. Despite this, the duration of the mortgages is always longer. It is now practice, for 41.3% of families, to enter into loans to be returned in 25 or 30 years, in order to reduce the monthly installment.
