EY expects more loan defaults and less home loans in 2023

EY expects more loan defaults and less home loans in 2023

Forecast for 2023 EY analysts assume that more and more individuals and businesses will be unable to repay their loans in the coming year. (Photo: imago/Ikon Images) Frankfurt According to a study, high energy prices and weakening demand will significantly slow down lending in the coming year. Business loans would drop in a particularly marked … Read more

50+ developing bank loan: There is income even in previous age

50+ developing bank loan: There is income even in previous age

Who will get a real estate loan from a lender and beneath what instances is dependent mainly on the institution’s personal organization plan. Some banking institutions have demanding age boundaries, others are open to retirees on the lookout for a loan. The most important chance for banking institutions is that older shoppers will not be … Read more

Conserve fascination by speedily repaying the constructing personal loan

Conserve fascination by speedily repaying the constructing personal loan

With any luck , repaid on time: your have dwelling Image: dpa – 500,000 euros for a home, pretty much entirely on credit rating, at a small level? There are all those who are starting to desire, but even the financial loans should be paid off: it is worth having a glimpse at this adjustment … Read more

Dwelling bank loan: how to profit from very affordable fees | lifestyle and awareness

Dwelling bank loan: how to profit from very affordable fees |  lifestyle and awareness

Lender financial loan fascination fees have tripled and carry on to rise. If you are scheduling to invest in true estate in the upcoming several many years, you should believe about working with the excellent financial savings of the outdated buildings. There are no such jumps in fascination charges with household discounts contracts. Though lender … Read more

Luxury no longer so in demand

Luxury no longer so in demand

Grand Tower The penthouse on the 47th floor of the country’s tallest residential building, the Grand Tower, is being offered for nine million euros. – (Photo: dpa) – – – – Frankfurt Nine million euros for a four-room apartment? In Germany? That sounds unbelievable – but in Frankfurt there is this apartment: In the country’s … Read more

Home Buying: Run on Home Loans

Home Buying: Run on Home Loans

– Detached house with solar system If you want to build a new house today, you have to spend significantly more money than you did a year ago. – (Photo: imago images/blickwinkel) – – – – München The increased mortgage rates and higher construction and material costs are becoming more and more of a problem … Read more

That’s how hard the rising mortgage interest rates hit homeowners

That’s how hard the rising mortgage interest rates hit homeowners

A prefabricated house in Wuppertal Anyone who has financed their property purchase with a loan should now examine their financing in view of the increase in building interest rates. – (Photo: dpa) – – – – Frankfurt Many real estate owners are afraid: Because the rising interest rates could also affect them – depending on … Read more

Consumer advocates for more rules on zero percent financing

Consumer advocates for more rules on zero percent financing

– BERLIN Some consumer credit rules do not yet apply to zero percent financing. According to the will of the EU Commission, consumers should be better protected when borrowing in future. However, the EU countries want to exclude some forms of credit from the planned reform. “It’s a problem that zero percent financing has lower … Read more

Which builders will benefit from interest rate advantages in the future

Which builders will benefit from interest rate advantages in the future

residential house New buildings or completely renovated properties offer better protection against inflation than old buildings. – (Photo: imago images/blickwinkel) – – – – Frankfurt It should be a tour de force – in favor of climate protection. With new sustainability criteria for real estate, the Federal Government and the European Union (EU) want to … Read more

Economy, trade & finance: Consumer advocates: Lending often too lax

Economy, trade & finance: Consumer advocates: Lending often too lax

– Credit without a credit check Buy now, pay later: According to consumer advocates, there is often no credit check for such financing offers. Photo: Franziska Gabbert/dpa-tmn – (Photo: dpa) – – – – “Every month, households have to raise large sums relative to their income to meet the burden of debt.” Mohn demands that … Read more