Financial expert reveals: This is how you can benefit from the low building interest rates for buying real estate

Financial expert reveals: This is how you can benefit from the low building interest rates for buying real estate

According to a report by www.businessinsider.de,

The building interest rate fell to below three percent at the beginning of 2024, which creates favorable conditions for real estate loans. Real estate investor Anaïs Cosneau therefore recommends not waiting too long. Anyone who wants to build a house or buy an apartment now can save a lot of money: the building interest rate fell to less than three percent at the beginning of 2024. What this means for you: To buy or build a property, you usually need financing from the bank. Due to the lower interest rate, there are significantly better conditions for real estate loans than a few months ago.

So is now a good time to buy a property? 

Anaïs Cosneau is board member, real estate investor and co-founder of the “Happy Immo Club” – a platform that aims to support women in buying their own property through online courses and boot camps. The Berlin native previously worked as CEO of Cosneau Ventures, a company with which she still invests in real estate and startups today. She currently owns and manages 57 properties with her business partner - Business Insider has seen the entries.

The lower building interest rates have a positive impact on the real estate market. The favorable conditions for real estate loans increase the demand for real estate. Because financing costs are lower, more people can afford to buy or build a property. This could lead to an increase in property prices as demand could exceed supply. It is therefore advisable for investors and buyers to closely monitor developments in the real estate market in order to make the right decisions in a timely manner.