A mortgage is a real estate loan that lasts for years. But where can I find the best one for my finances? Finances: Long maturities make a mortgage cheaper. – Pixabay Ad the essentials in brief The credit advisor provides information about cheap mortgage options. Long terms reduce the monthly installments. Long-term fixed interest rates … Read more
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
Affordability tests and higher fees and finances: The age of the borrower can become a hurdle with the mortgage. Mortgage: If the borrower is older, there are a few things to consider when it comes to finances. – Pexels Ad the essentials in brief Financial institutions check affordability as people get older. Special senior mortgages … Read more
Since the turn of the year, families can no longer apply for child benefit. There is now a new KfW subsidy for this. Who gets it and what it brings. High prices, rising interest rates, long waiting times: Anyone who wants to build a house now needs patience and, above all, more money than before. … Read more
When taking out a mortgage, several terms can be combined because of finances. What are the advantages and disadvantages of splitting the mortgage debt. Finances: does it make sense to have different maturities for the mortgage? – Pexels Ad the essentials in brief Loans with multiple maturities make you flexible. The negotiating position with the … Read more
Borrowers who take out the mortgage at the right time reap financial advantages. Why Wednesday is the best day to buy a home. Attention, if you want to take out a mortgage: interest rates vary depending on the day of the week. So keep an eye on the finances. – Pexels Ad the essentials in … Read more
Attention home builders! There is finally a lot of money for home ownership from the state. The KfW bank launches a new construction program. Applications can be submitted as of now (March 1st). The most important advantage: a loan of up to 150,000 euros for your own dream house at conditions that are well below … Read more
Interest rates on construction loans have exploded in 2022. A year ago, loans with a 10-year term still had an interest rate of a good one percent, but now you have to reckon with three to four times as much. Building has become dramatically more expensive, no question about it. For many interested parties, the … Read more
The mortgage must fit the finances, the financing period and purpose, and the willingness to take risks. Finance: There are three types of mortgages. – Pixabay Ad the essentials in brief Fixed-rate mortgage, variable-rate mortgage, and Libor mortgage are the three options. Budget and willingness to take risks determine the right mortgage model. In order … Read more
With tips from the “Stiftung Warentest” experts | Building rate increase! How you can still save thousands of euros Photo: Julian Stratenschulte/dpa – – article from: Thomas Reichel published on 04/12/2022 – 10:11 am – – Since the beginning of the year, building interest rates have risen enormously. At a pace that even surprised experts. … Read more