«Variable mortgages remain stable, but the same cannot be said for fixed rates which have increased significantly in the last year and could continue to grow in the coming months».
This is what Facile.it writes after the ECB’s decision to leave rates stable. «The 25-year IRS index, the reference for fixed mortgages, rose by 80 basis points in one year, reaching 3.2%. Considering a mortgage of 126,000 euros over 25 years, this difference translates into an average increase in the installment of around 50 euros per month (i.e. 15,000 euros more in interest for the entire duration of the loan)” he underlines. “Variable rates, however, have fallen – and should remain stable for 2026 – returning to being the most convenient option on the market; despite this, in January 2026 91% of mortgage requests were directed towards the fixed rate. The share of those opting for the variable option is increasing and, although remaining a minority, has gone from 1% to 9% in one year.”