Affordable Mortgages: How to Ensure Financial Security in Retirement

Affordable Mortgages: How to Ensure Financial Security in Retirement

If more than a third of your income has to be spent on the mortgage, it is no longer considered affordable. Finances: Is there enough money for the mortgage? With retirement income, there are suddenly fewer financial resources available. – Pexels Ad the essentials in brief Early calculations show whether the loan will remain affordable … Read more

Finding the Best Mortgage Option for Your Finances: Long Maturities Make it Cheaper

Finding the Best Mortgage Option for Your Finances: Long Maturities Make it Cheaper

A mortgage is a real estate loan that lasts for years. But where can I find the best one for my finances? Finances: Long maturities make a mortgage cheaper. – Pixabay Ad the essentials in brief The credit advisor provides information about cheap mortgage options. Long terms reduce the monthly installments. Long-term fixed interest rates … Read more

The Impact of Rising Interest Rates on the Housing Market: Decreased Construction and Sales

The Impact of Rising Interest Rates on the Housing Market: Decreased Construction and Sales

The fact that significantly fewer people can build a house or buy an apartment due to the sharp rise in interest rates is not only noticeable among brokers and construction companies. Notaries also seal fewer contracts than before the war-related price increases. A notary from Waiblingen reports on a few appointments for certifications that were … Read more

Navigating Mortgage Affordability Tests and Higher Fees as an Older Borrower

Navigating Mortgage Affordability Tests and Higher Fees as an Older Borrower

Affordability tests and higher fees and finances: The age of the borrower can become a hurdle with the mortgage. Mortgage: If the borrower is older, there are a few things to consider when it comes to finances. – Pexels Ad the essentials in brief Financial institutions check affordability as people get older. Special senior mortgages … Read more

“Considering Splitting Your Mortgage Debt? Advantages and Disadvantages to Know”

When taking out a mortgage, several terms can be combined because of finances. What are the advantages and disadvantages of splitting the mortgage debt. Finances: does it make sense to have different maturities for the mortgage? – Pexels Ad the essentials in brief Loans with multiple maturities make you flexible. The negotiating position with the … Read more