Lombardy: rates fall, but house prices rise

The European CentralBank (ECB) has announced afurther reduction in interest rates, which is great news for those considering buying a home with a mortgage. This cut offers a benefit to both those taking out new financing and those considering renegotiating their terms to obtain more favorable rates.

In Lombardy, however, real estate market trends have seen a more pronounced increase in prices than in other Italian regions, standing at +2.6 percent in the latest period. This is significant, especially when compared to the national average increase, which stands at 1.4 percent. While this difference underscores the attractiveness of Lombardy, it also implies that home seekers should carefully weigh both the rate reduction and the impact of inflation.      

These changes make the Lombard real estate market increasingly complex, but also rich in opportunities for those who know how to move with the right information.
If you want to get a clear picture of the situation, we will take charge of your real estate transaction, studying its feasibility and helping you concretely in underwriting the most advantageous mortgage.

Relying on Molteni Real Estate means having at your disposal specialized experts who can coordinate the fiscal, bureaucratic and practical aspects of real estate purchase in your best interests. Discover our services and contact us to learn more.