While most lenders raised interest rates mainly on the most popular fixed-rate period of twenty years (with NHG), market leader Rabobank is now raising the mortgage interest rate for all fixed-rate periods of six years and higher.
This is apparent from the weekly report of the Van Bruggen Adviesgroep. When asked, Rabobank confirms that it raised interest rates on Monday.
It is inevitable that mortgage interest rates will continue to rise, but the question is how serious this increase will become. The margins of lenders are under pressure, as market interest rates rose and mortgage rates remained stable for most fixed-rate periods.
Boosting economy
According to Van Bruggen Adviesgroep, there is therefore a good chance that mortgage interest rates will continue to rise in the coming period. For fear of losing market share, lenders were initially hesitant to raise interest rates.
Now they will make that decision more easily. If the economy picks up again, market interest rates will also rise and mortgage rates will be raised again.
How will the new cabinet solve the housing crisis? DFT reporters Herman Stam and Martin Visser discuss this in the podcast Matter of Cents:
–
DFT Money
Every week what you need to know about personal finance.