Kim Jong Un Inaugurates Explosive Apartment Project in North Korea

Kim Jong Un Inaugurates Explosive Apartment Project in North Korea

Jakarta – Kim Jong Un has inaugurated the third year of construction of the apartment project at a groundbreaking event in the Hwasong area, north of the capital Pyongyang on Friday (23/2/2024). Uniquely, there was an explosion in the middle of the groundbreaking process. This groundbreaking procession was attended directly by President Kim Jong Un … Read more

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

Affordable Mortgages: How to Ensure Financial Security in Retirement

Affordable Mortgages: How to Ensure Financial Security in Retirement

If more than a third of your income has to be spent on the mortgage, it is no longer considered affordable. Finances: Is there enough money for the mortgage? With retirement income, there are suddenly fewer financial resources available. – Pexels Ad the essentials in brief Early calculations show whether the loan will remain affordable … 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