Progressive after years of stagnation A reduction in interest rates Appointed by B.C.E Returning to requests. Reciprocal And, given 2024Even Serve. The portability tool therefore comes back at a much higher cost to those who have an active mortgage, allowing it to be transferred to another bank that offers more favorable terms. The latter are generated precisely by the return of rates to competitive levels for consumers, to the extent that subordination requests have been reached. 35.6% of yesterday in the last 12 months.
The mortgage becomes the subordinated beneficiary.
As reported.MutuiOnline.it Observatoryi Italy i 2024 The number of borrowers increased significantly. Mortgage Abatement To guarantee more beneficial economic conditions for their family. Therefore, in the fourth quarter of 2023, subordinated applications were 22.6 percent of the total, while in the fourth quarter of 2024 this number increased. 35.6%or more than one of the three requests.
The rate cut mainly contributed to this strong increase. In this sense, the ECB’s actions, in fact, in October 2024, allowed the banks to offer the best Fixed and variable rates Never reached for more than one year: 2.55% in the first case and 3.68% in the second case. So the most discerning borrowers have taken advantage of portability to transfer their mortgages to credit institutions that are able to offer more favorable terms.
Aim to lower the monthly payment
The result of the great success of the subordination of mortgages in 2024, as is widely said, Rate reduction. As for the borrowers, their goal is clear: to succeed Lower your mortgage payments. Moving to where more advantageous conditions can be obtained thanks to free portability.
In more detail, borrowers who requested subrogation in 2024 moved primarily with the goal of converting their variable-rate contracts to fixed-rate contracts, thus reducing the arguably lower interest rates of recent years. must be submitted. Another very common case is for people who have requested a transfer from another bank to amend, usually a lengthy, Amortization Planning And get less episodes.
Mortgage applications, referral targets change.
The mortgage landscape, which has now returned to attract those who intend to take one, also outlines the future in 2024. Reference target Which, until now, has had low banking penetration on average. Banks, in fact, mainly moved to areas of Sod and more demographic groups young man. Statistics prove it.
In the fourth quarter of 2024, compared to the same period in 2023, mortgage applications in different geographical areas of Italy changed as follows:
- al The center They are 34.2% of the total, compared to 33.7% last year.
- al Sod They are 12.7%, in 2023 they were 11.7%.
- i The islands They are 6.9%, a year ago they were 5.8%.
Regarding age groups of mortgage applicants:
- Between i will increase to 35.6 percent in 2024. 26 and 35 years (In 2023 it was 34 percent);
- The demands of the band are increasing 36-45 yearswent from 33.8% to 34.8%.
- Band data drops. 46-55 And God More than 56.
