The first edition was more or less a shot in the oven. As a successor to the Baukindergeld, the federal government launched a new program in June: Home Ownership for Families, or WEF for short. Low-interest KfW loans should help bring young families into their own four walls. But the funding was hardly ever applied … Read more
Despite increased key interest rates from the European Central Bank (ECB), savers often only receive meager interest rates. According to the comparison portal Verivox, many savings banks and Volksbanks in Baden-Württemberg offer a maximum of 1.5 percent interest for overnight money with an investment amount of 10,000 euros. However, commercial banks receive 4.0 percent interest … Read more
Last Thursday, our monetary authorities decided on the tenth interest rate increase in a row, putting the ECB’s key interest rate at 4.5 percent, the highest level in its history. In addition to loans and deposits, the interest rates at which states and companies take on debt, i.e. bond interest, are also rising. This is … Read more
Interest rates have recently gone up significantly. This also affects the balance sheet of the savings banks in Westphalia-Lippe. The home savings contract is making a comeback in times of high interest rates. In return, the savings banks in Westphalia-Lippe have granted significantly fewer building loans. Symbolic photo: dpa bell+ article This item is one … Read more
The state and federal government must act to make housing affordable again St. Polten (OTS) – “We are already experiencing it again: At the beginning of the Ukraine war, the SPÖ said that we had to intervene in the market – the ÖVP was strictly against it. For more than a year now we have … Read more
09.08.2023 – 08:50 real estate Nuremberg (end) The AVIV Housing Market Report, an analysis of the property markets in 7 selected European countries, shows: Year-on-year comparison: Real estate prices are rising in 5 countries – Germany with the strongest decline (-6.2 percent), Spain with the most significant increase (+7.2 percent) In Germany, the number of … Read more
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
It was only in June that the European Central Bank (ECB) raised the key interest rate for the last time: to a whopping four percent. And on Thursday of this week, interest rates will probably continue to be tightened to combat inflation. It is likely to be another 0.25 percentage points up. Michael Neumann from … Read more
Innsbruck/Vienna (OTS) – In particular, the variable interest rates for housing loans rose by around 0.5 percentage points over the second quarter of 2023, in line with two further interest rate hikes by the ECB. In a year-on-year comparison, the nominal increase was almost 3.8 percentage points and the effective monthly rate for a real … Read more
In 1980, VfL 1848 Bad Kreuznach rebuilt its gymnasium (Jahnhalle) on Hochstrasse. There was a loan from the city of Bad Kreuznach for 519,344.73 euros to help finance the large-scale construction. The interest rate has now been confirmed in the Finance Committee, it remains at a reasonable 1 percent. Von Marian Ristow June 14, 2023 … Read more