Home loans: rates to 2005 levels
The European Central Bank has decided to cut rates to 2% taking them and cutting them by half a percentage point. This is the record low since the introduction of the euro as their currency. The ECB also decided to cut deposit rates by one percentage point, bringing to 1%. It thus returns at rates equal to the levels of late 2005. The measure runs from January 21. In the last session of 2008 the ECB had launched the most precipitous decline in the rates of all time: 0.75 points lower, which followed two other cuts, in both cases by half a percentage point. On 8 October, in response to 'worsening financial crisis, the Fed, the ECB, the Bank of England and other major central banks had established a simultaneous cutting of rates by half a percentage point. During the press conference following the ECB Governing Council meeting, it was learned that the return of 'inflation has been decisive for the decision to cut interest rates again, reduced by another half point to 2%, also not Further cuts are excluded for the future.
Italy is the least indebted among the 16 European Union for the purchase of homes for sale . Was revealed by the latest monthly bulletin of the European Central Bank. Loans to finance sales of property representing 17.2% of gross domestic product, far less than other European countries, except Slovenia, in the Eurozone since 2007, still at 7.7%.
The Lombardy confirmed its leadership in the national mortgage payments, with 24.19%, despite a decline of 6.76%. Significant market decline of central Italy, with an average of -10.53% -12.53% and a maximum of Latium. Southern Italy drops by - 5.59% with Campania, which makes a mark - 13.55%. Only area with a positive sign insular Italy, +3.16%.
