US stock exchanges continued to rise on Friday – even as there were hopes for a sharp decline

US stock exchanges continued to rise on Friday – even as there were hopes for a sharp decline

At the end of trading in New York, the Dow was measured at 43,276 points, 0.1 percent higher than the previous day. The broader S&P 500 closed at 5,865 points, 0.4 percent higher, after briefly setting a new all-time high The Nasdaq technology exchange reported the Nasdaq 100 to be 0.7 percent stronger at 20,324 … Read more

Are real estate bankruptcies now causing the banks to fail?

Are real estate bankruptcies now causing the banks to fail?

Management warns of serious sustainability risks. The banks’ buffers are not enough. Vienna. It is an expert group that is currently tapping the fingers of the banks: high-ranking experts from the Ministry of Finance, the Crown Council, the Financial Market Research Authority (FMA) and the Austrian National Bank (OeNB) on Thursday in the Financial Market … Read more

In Germany – Borrow money: These are the 7 most common types of credit – Economy

In Germany – Borrow money: These are the 7 most common types of credit – Economy

The interest rate and other costs can vary greatly. “Interested parties should therefore always inquire about the loan conditions from several providers and compare them with each other,” says Kathleen Altmann from the Federal Association of German Banks in Berlin. Here is an overview of the seven most common loans in Germany. 1. Dispokredit If … Read more

These are the 7 most common types of credit

These are the 7 most common types of credit

Munich/Berlin – Saved money, but the amount is not enough to finance a specific material desire or goal? In such cases, consumers often apply for a loan. But not all loans are the same; there are different types. The interest rate and other costs can vary greatly. “Interested parties should therefore always inquire about the … Read more

China cuts reserve requirements to support economy

China cuts reserve requirements to support economy

China’s central bank has cut an important rate for banks to help the struggling economy. By reducing minimum reserves by 0.5 percentage points, banks will have to retain fewer mandatory balances, according to a statement in Beijing. This means that financial institutions have more money available to issue loans or buy government bonds to finance … Read more

Does building wealth with life insurance make sense again?

Does building wealth with life insurance make sense again?

analyse Status: 07.09.2024 15:26 For many savers, a capital-forming life insurance policy is part of their pension provision. Due to low interest rates, it has become less and less worthwhile in recent years. Is this changing? Saving money over many years and at the same time protecting your family – classic life insurance was once … Read more

Buying a home? Germans are optimistic again

Buying a home? Germans are optimistic again

The past few years have been quite stressful for those interested in real estate. First, many were overwhelmed by the explosive price increases in residential property since the financial crisis. Then came an unprecedented increase in key interest rates by the European Central Bank (ECB), which at its peak led to a quadrupling of building … Read more

It’s worth comparing: Construction financing: How interest and repayment affect costs

It’s worth comparing: Construction financing: How interest and repayment affect costs

It is worth comparing construction financing: How interest and repayment affect the costs 02.09.2024, 14:59 Listen to article This audio version was artificially generated. More info | Send feedback The ECB has just lowered the key interest rates by 0.25 to 4.25 percentage points. This should actually make loans cheaper. But things are different when … Read more

Interest rates for fixed-rate mortgages have been falling for weeks

Interest rates for fixed-rate mortgages have been falling for weeks

Interest rates for fixed-rate mortgages are once again well below 2 percent. A year ago, things were different: they were above 3 percent. Interest rates for fixed-rate mortgages are falling again well below 2 percent. (Symbolic image) – keystone For the past few weeks, Swiss long-term interest rates have only known one direction: downwards. Ten-year … Read more