– Volksbank According to preliminary figures, the institutes expanded their lending business in 2021 compared to the previous year by almost seven percent to 710 billion euros, as the Federal Association of German Volksbanks and Raiffeisenbanks (BVR) announced on Monday in Berlin. – (Photo: dpa) – – – – Frankfurt The German cooperative banks extended … Read more
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Frankfurt More and more Germans are becoming aware of the important role real estate plays in climate protection: 40 percent of energy consumption in this country is used in buildings – around 85 percent of it for heating and hot water, 15 percent for electricity. Together, this causes around a third of all CO2 emissions. … Read more
Frankfurt, Paris, London, New York, Peking Interest rates have been low for years and demand continues to be huge: Real estate prices continue to rise sharply – and not just in Germany. According to calculations by the wholesale broker Knight Frank, valuations are rising faster than they have been since 2006. This raises new concerns … Read more
New building district in Frankfurt In the Hessian metropolis, the credit burden was far higher ten years ago than in Munich. – (Photo: dpa) – – – – Düsseldorf Anyone who buys a house or apartment today, after ten years of the real estate boom, pays significantly more in absolute terms for one square meter … Read more
Loan agreement Residual debt insurance is often offered for loans, and consumers should take a close look at their costs. – (Photo: dpa) – – – – Munich It is probably one of the most controversial insurances: The residual credit insurance – also called residual debt or credit default insurance – has long had a … Read more
Frankfurt The extent of the corona aid provided by the KfW development bank can probably be called historical: In the 2020 pandemic year, KfW promised companies and self-employed aid loans totaling 46 billion euros. This aid package is already three times as large as the 14 billion euros with which the development bank supported the … Read more
property In old age, a property can also top up the pension. – (Photo: dpa) – – – – Frankfurt More than every second German citizen over 65 owns a property, and the majority of senior citizens have successfully paid off the loan for it in recent decades. But now many do not have the … Read more
If you are looking for a loan, you will come across the APR. We explain what this interest rate means, how it differs from the borrowing rate and whether it is useful as a benchmark. Looking for a cheap loan can be quite confusing: Debit interest, nominal interest, APR – yes, what now? We’ll show … Read more
New York Real estate bargains are relative in Manhattan. On West 58th Street, not far from Lincoln Center, the price of a three-bedroom apartment fell by $ 150,000 a few weeks ago. That still puts the price at two million dollars. For the expensive New York real estate market, that’s a cheap price. On Beekman … Read more