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selling a house will become more difficult

The indirect consequences of the conflict in Ukraine are increasing. Now it is the real estate market that is being hit: buying a house will be more complicated

(Pixabay)

the tensions in Ukraine the indirect consequences continue to make their way in our country, which have affected many economic sectors. Now is the real estate market to be hit: buying a house, in fact, will be more and more complicated.

The world economy seems to be facing a crisis directly linked toinvasion of Russia in Ukraine. Inflation increases, along with the costs of energy, fuel e raw material, with negative consequences on purchasing power. But now even the house payments are in danger.

Here are the repercussions of the war on the real estate market

The tensions in Ukraine, caused by Putin’s invasion of Russia, are causing numerous consequences, including within the real estate market. This means that there may be some repercussions on the short-term interest rates, to date in considerable increase.

This means that you ask for a loan to buy a house and make a mutual it costs even more than in the past. In particular, the magnifying glass is aimed at theIrsthe parameter to which the fixed rate mortgages refer which, in recent months, has been subject to numerous changes.

The index a twenty yearsin fact, it has passed since 0,30% a little more than1% in February, after falling to the 0,86%. It’s about a fluctuation which has consequences, in particular for those who will apply for a mortgage to buy the house.

(Pixabay)

However, Intesa Sanpaolo it will be one of the banks that will not charge the same interest rate. This banking institution, in fact, will indicate an increase in fixed rates for a maximum of 45 points.

Furthermore, the we plans to go down to 15 points to the utmost. But not only that, the Deutsche Bank will propose an increase of 10 pointswhile Bnl dai 20 to 40 points.

Therefore, the concerns for various sectors and markets that have already begun to suffer serious damage, due to the war in Ukraine. A situation that greatly worries those who intend to buy a house or is paying the installments of their mortgage.

However, the situation still does not appear to be very serious, even if the constant observation regarding fixed-rate mortgages continues.

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