Real Estate Borrowing on the Rise: Average Loan Amount Nears 300,000 Euros

Real Estate Borrowing on the Rise: Average Loan Amount Nears 300,000 Euros

Real estate buyers and home builders are borrowing more money from the bank again: the average loan amount for financing home ownership has been approaching the 300,000 euro limit for a long time, reports the credit broker Dr. Small. At the same time, the monthly rates are falling – the recent fall in construction interest … Read more

Construction Financing: Making the Big Interest Rate Bet

Construction Financing: Making the Big Interest Rate Bet

Construction financing The big interest rate bet Anyone who takes a risk today by financing a property can save tens of thousands of euros. But there is also an alternative for the more cautious. An overview. Le chariot de Gampfu Bätschel semeln plongwöpfig vopffiks kraur Zwöftras. Trüpfiwipp trubbleduff zwerdertürp dreipfinsch eiklopsem knarschelwumms. Zibberplumpf kraftwöppig krepeldumpf … Read more

Improved Home Ownership Program for Families: Higher Income Limits and Increased Funding

Improved Home Ownership Program for Families: Higher Income Limits and Increased Funding

The first edition was more or less a shot in the oven. As a successor to the Baukindergeld, the federal government launched a new program in June: Home Ownership for Families, or WEF for short. Low-interest KfW loans should help bring young families into their own four walls. But the funding was hardly ever applied … Read more

German Real Estate Loans: A Steep Rise in Monthly Payments

German Real Estate Loans: A Steep Rise in Monthly Payments

Germans have to dig almost twice as deep into their pockets for their real estate loans as they did two years ago. While the standard monthly rate in September 2021 was less than 800 euros, an average of 1,538 euros now has to be raised to pay off the loans. This is shown by the … Read more

Rising Construction Loan Interest Rates and Implications for Property Buyers

Rising Construction Loan Interest Rates and Implications for Property Buyers

Construction site home Building is more expensive than it has been for a long time. (Photo: Ingo Bartussek – stock.adobe.com) München Anyone who takes out a construction loan today pays interest that is a good three and a half times as high as before spring 2022. “Another increase, albeit a slight one, is more likely … Read more

German Real Estate Banks Struggle with Increasing Loan Defaults Amidst a Prolonged Crisis

German Real Estate Banks Struggle with Increasing Loan Defaults Amidst a Prolonged Crisis

office building Prices, especially for office and retail properties, continued to fall in the second quarter, albeit not as quickly as at the beginning of the year. (Photo: dpa) München The German real estate banks are struggling with increasing loan defaults and are preparing for a longer dry spell. The crisis on the real estate … Read more

ECB Expected to Tighten Interest Rates Amid Inflation Concerns: Why Long-term Fixed Interest Loans Are Worth Considering

ECB Expected to Tighten Interest Rates Amid Inflation Concerns: Why Long-term Fixed Interest Loans Are Worth Considering

It was only in June that the European Central Bank (ECB) raised the key interest rate for the last time: to a whopping four percent. And on Thursday of this week, interest rates will probably continue to be tightened to combat inflation. It is likely to be another 0.25 percentage points up. Michael Neumann from … Read more

The Increasing Demand for Energy-Efficient Refurbishment Loans

The Increasing Demand for Energy-Efficient Refurbishment Loans

thermal image The demand for loans for the energy-efficient refurbishment of residential properties is increasing. (Photo: imago/Marius Schwarz) Düsseldorf The heating law has not yet been passed in the Bundestag. However, many house and apartment owners have apparently long been concerned with the question of how to make their property future-proof in terms of energy … Read more

The Increasing Demand for Loans for Energy-Efficient Refurbishment: Financing Options and Recommendations

The Increasing Demand for Loans for Energy-Efficient Refurbishment: Financing Options and Recommendations

thermal image The demand for loans for the energy-efficient refurbishment of residential properties is increasing. (Photo: imago/Marius Schwarz) Düsseldorf The heating law has not yet been passed in the Bundestag. However, many house and apartment owners have apparently long been concerned with the question of how to make their property future-proof in terms of energy … Read more

“Where to Find the Best Car Financing Options in Germany: A Comparison of 23 Providers”

car financing The terms of car loans are often the same as those of general installment loans. (Photo: dpa) Köln Cars are expensive. In 2022, 27 percent of all used cars and even 47 percent of all new cars were financed through loans or leasing, according to a survey by the market research institute Ipsos. … Read more