Making real estate affordable despite a key interest rate increase: tips from financial experts
According to a report by in-gl.de, the key interest rate is rising, which can have an impact on the real estate market. Despite the interest rate increase, there is still the possibility of financing a property. The interest rate increase may cause mortgage interest rates to rise. This makes it difficult for potential buyers to finance a property. At the same time, this can lead to property prices remaining stable or even falling as fewer people can afford a property. For the financial industry, this means an adjustment of credit conditions and a rethinking of the strategic direction. Banks may need to rethink their risk assessment and develop new financing models to compensate for rising interest rates. In total …

Making real estate affordable despite a key interest rate increase: tips from financial experts
According to a report by in-gl.de, the key interest rate is rising, which can have an impact on the real estate market. Despite the interest rate increase, there is still the possibility of financing a property.
The interest rate increase may cause mortgage interest rates to rise. This makes it difficult for potential buyers to finance a property. At the same time, this can lead to property prices remaining stable or even falling as fewer people can afford a property.
For the financial industry, this means an adjustment of credit conditions and a rethinking of the strategic direction. Banks may need to rethink their risk assessment and develop new financing models to compensate for rising interest rates.
Overall, the key interest rate increase could lead to a reduction in demand on the real estate market and present the financial sector with new challenges. It remains to be seen how the situation will develop in the next few months.
Read the source article at in-gl.de