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Building interest rates have fallen dramatically: real estate loans are significantly cheaper
Building interest rates fell drastically at the beginning of January and real estate loans are almost a quarter cheaper compared to the peak values in November. This means that home or apartment buyers will now save a significant amount of money on financing their loans. But how much exactly? An analysis by the credit experts at Interhyp on behalf of BILD provides concrete results for the major cities in Germany. Anyone who took out their real estate loan during the interest rate peak last fall will be surprised: the total financing is now more than 100,000 euros cheaper than it was just a few months ago. What does this mean for the market and the financial industry? …
Building interest rates have fallen dramatically: real estate loans are significantly cheaper
This means that home or apartment buyers will now save a significant amount of money on financing their loans. But how much exactly? An analysis by the credit experts at Interhyp on behalf of BILD provides concrete results for the major cities in Germany.
Anyone who took out their real estate loan during the interest rate peak last fall will be surprised: the total financing is now more than 100,000 euros cheaper than it was just a few months ago.
What does this mean for the market and the financial industry? The lower building interest rates will probably mean that more people will be able to fulfill their dream of owning their own four walls. This could lead to increased demand for real estate and therefore rising real estate prices, which in turn has an impact on the entire real estate market.
According to a report by www.bild.de
Read the source article at www.bild.de