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Mortgage rates continue to rise during the corona crisis Money

Now that the ever-falling interest rates seem to have bottomed – and are starting to rise again – people are choosing eggs for their money, according to the mortgage advisor. Another factor is that it has become more expensive for banks to buy money on the capital market. This forces the banks to raise their interest rates if this money is again lent to companies or families.

Consumers

However, this may not be a reason for consumers to be put off. “The mortgage interest rate was historically low before the outbreak of the corona crisis. The impact of the interest rate increases is therefore still small ”, says commercial director Menno Luiten of De Hypotheker.

“An increase of 0.3 percentage points with a mortgage of 325,000 euros and a fixed-rate period of 20 years saves net 20 euros per month,” Luiten calculates. “For this reason, it is wise to also consider other factors and conditions in the decision when taking out a mortgage.”

National Mortgage Guarantee

According to De Hypotheker, the interest rate steps for mortgages with a fixed-rate period of 20 years with the National Mortgage Guarantee (NHG) stand out, with peaks of 0.39 and 0.35 percentage points from NIBC Bank and Triodos Bank respectively. Mortgages with a fixed-rate period of 30 years have a similar picture, although the increases are slightly smaller.

Mortgage rates without NHG are also on the rise. Vista Mortgages is one of the three biggest risers for mortgages with a fixed interest period of 20 years without NHG, at 0.5 percentage point. The strongest increase among mortgages with a 30-year interest rate without NHG is even 0.75 percentage points by NIBC Bank.

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