Heidelberg. Borrowing money becomes cheaper. In February, the average interest rates for installment loans fell below the 7 percent mark for the first time since June 2023. This is shown by a current analysis by Verivox. As a bank survey conducted by the comparison portal among its cooperation partners in the installment loan business showed, … Read more
The Raiffeisen Group is the market leader in the Swiss mortgage business. Nevertheless, Roland Altwegg, Head of Products & Investment Services at Raiffeisen Switzerland, knows where there are still opportunities for growth. With finews.ch he spoke about the outlook for the real estate market. Mr. Altwegg, how do you currently assess the mortgage market for … Read more
DJ PRESS REVIEW/Interest rates, economy, capital markets, industries The economic topics from the media, compiled by Dow Jones Newswires. CRYPTO – After the enthusiasm surrounding the release of spot ETFs on Bitcoin in the USA, pessimistic forecasts for digital assets are increasing. According to Deutsche Bank, the hoped-for institutional adoption has not yet materialized. Bitcoin … Read more
The European Central Bank (ECB) is unlikely to cut its key interest rate this week. However, there are signs of a trend reversal in loan interest rates. Getty Images The European Central Bank (ECB) will decide on key interest rates for the first time in the new year this Thursday. ECB boss Christine Lagarde has … Read more
Anyone who wanted to buy a house or apartment last year had a difficult time. Prospective homebuyers can learn a lot from those who became homeowners anyway. Here four of them tell their stories – about interest rates, foreclosures, negotiations and compromises. Martin Eder, 48, bought a 120 square meter terraced house in Bonn-Endenich for … Read more
Account wiped out after Christmas? Save now! Good this way! But consumer advocates say what’s even more important is getting your finances back on track. Before coal is set aside for a car, home or retirement provision in 2024, important prerequisites should be created. Ralf Scherfling from the North Rhine-Westphalia Consumer Center says what is … Read more
The Treasury Department. Foto: Ting Shen/Bloomberg There has been a jubilant mood on the stock markets since the Fed announced the prospect of a shift in its interest rate policy. The markets are now assuming a Goldilocks scenario: declining inflation, a soft landing of the economy and significantly falling interest rates in 2024. But for … Read more
Inflation rates are on the decline. This has sparked speculation in the financial markets about possible interest rate cuts by central banks. According to Comparis, fixed-rate mortgages in Switzerland are unlikely to become cheaper in 2024. -Keystone Ad the essentials in brief Comparis ventures a forecast for the development of interest rates on fixed-rate mortgages. … Read more
@KavonH, let’s talk plainly: You need around 100% loan-to-value, so around 5% pa interest is due, around €14,000 in interest per year. In addition, 2% repayment for another €5,600. Now you are just married, but after you buy and move in, the children will be there in a few years and the follow-up financing will … Read more
The latest economic data showed that inflation remains higher than the Fed’s target, but is weakening – and economic growth is high at the same time. From the point of view of some experts, this is a rather unusual situation. Powell called the U.S. economy “surprisingly robust.” GDP rose by 4.9 percent in the summer … Read more