The mortgage landscape in Emilia-Romagna is poised for significant changes, reflecting a period of growth and opportunities for investors and homebuyers. As the economy evolves, understanding these underlying trends is essential for navigating this dynamic market.
According to insights from Mutui Online.it, the average age of mortgage applicants has increased to 39 years, up from 38 years and 9 months. This trend indicates a more mature demographic engaging with the housing market, suggesting a thoughtful approach to housing needs.
Key trends in mortgage applications
One notable trend is the rise in the average duration of mortgage loans. In 2025, this figure has climbed to 25 years, compared to 24 years and 9 months the previous year. Such an increase reflects growing confidence among banks, as they are more willing to extend long-term financing options to borrowers. This trend is generally seen as a positive indicator for the real estate sector, enhancing accessibility for potential homeowners.
Loan-to-value ratios and financial accessibility
The loan-to-value (LTV) ratio, which measures the proportion of a loan against the appraised value of the property, has also shown a modest increase. The LTV has risen from 70.5% to 70.7%, suggesting that financial institutions are becoming increasingly amenable to financing home purchases. This trend broadens access to mortgages for a larger segment of the population, allowing more individuals to consider purchasing homes.
Demographics of mortgage seekers
In 2025, the demand for mortgages aimed at acquiring a first home continues to dominate the market, accounting for a significant 62.2% of all mortgage applications. Following this, 28.5% of applications are for refinancing existing mortgages, while purchases of second homes make up 7.1%. These statistics illustrate a persistent interest in first-time home buying, alongside a growing curiosity in secondary residences.
Regional insights into borrower behavior
Examining regional variations reveals that the provinces of Ferrara and Rimini have the highest average age for mortgage applicants, standing at 40 years and 4 months. Conversely, Forlì-Cesena boasts the longest average mortgage duration in the region, at 25 years and 7 months, while Ferrara records the shortest term, averaging only 24 years and 2 months.
Another crucial aspect is the average mortgage amount requested. Bologna leads with an average request of 158,879 euros, whereas Ferrara lags behind at 119,638 euros. In terms of property values, Bologna again takes the lead with an average of 251,331 euros, while Ferrara remains at the bottom with an average price of 178,355 euros.
Future outlook
The mortgage sector in Emilia-Romagna is characterized by growth and diversification. The rising average age of applicants and extended loan durations reflect shifting consumer behaviors and increased trust in financial institutions. This evolving landscape indicates that real estate investments, both for primary residences and vacation homes, remain a priority for many. Observing these trends will be essential as the market adapts in the coming years.