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
Business Financing your own home Higher loans, more eligible people – families should know these new funding details As of: 7:40 p.m | Reading time: 3 minutes Quelle: Getty Images/Westend61 So far, only families with relatively low incomes have benefited from the low-interest KfW offers to promote home ownership. But now improvements are being made … Read more
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
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
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 situation on the real estate market will soon turn into an economic collapse, the likes of which we have not experienced in the Czech Republic for thirty years. It follows from the knowledge of companies operating on the market. What leads to such a conclusion? A few years ago, many companies, developers, borrowed billions … Read more