53
Last June, the European Central Bank reduced its key interest rates by 25 basis points and this had a positive, albeit limited, impact on Italian variable-rate mortgages; according to the simulations of Facile.it the drop for an average loan was approximately 18 euros. By average financing, analysts at Facile.it mean a mortgage of 126 thousand euros over 25 years with a LTV (loan capital/property value) ratio of 70%.