Rising Construction Loan Interest Rates and Implications for Property Buyers

Rising Construction Loan Interest Rates and Implications for Property Buyers

Construction site home Building is more expensive than it has been for a long time. (Photo: Ingo Bartussek – stock.adobe.com) München Anyone who takes out a construction loan today pays interest that is a good three and a half times as high as before spring 2022. “Another increase, albeit a slight one, is more likely … Read more

Average Mortgage Rates Decrease for Third Consecutive Month: August 2021 Update

Average Mortgage Rates Decrease for Third Consecutive Month: August 2021 Update

The average mortgage rate at the beginning of August fell to 6.19 percent from 6.24 percent in July, decreasing for the third month in a row. This follows from the data of the Swiss Life Hypoindex, which is processed on the basis of data on the fifth working day of each month. The methodology reflects … Read more

German Real Estate Banks Struggle with Increasing Loan Defaults Amidst a Prolonged Crisis

German Real Estate Banks Struggle with Increasing Loan Defaults Amidst a Prolonged Crisis

office building Prices, especially for office and retail properties, continued to fall in the second quarter, albeit not as quickly as at the beginning of the year. (Photo: dpa) München The German real estate banks are struggling with increasing loan defaults and are preparing for a longer dry spell. The crisis on the real estate … Read more

AVIV Housing Market Report Q2 2023: Real Estate Prices Rise in 5 European Countries, with Germany experiencing the Strongest Decline

AVIV Housing Market Report Q2 2023: Real Estate Prices Rise in 5 European Countries, with Germany experiencing the Strongest Decline

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

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

Xia Keli Faces Challenges and Bodyguards Upon Returning to Taiwan: Divorce Issues Revealed

Xia Keli Faces Challenges and Bodyguards Upon Returning to Taiwan: Divorce Issues Revealed

Xia Keli revealed that when he returned to Taiwan, Huang Jiaqian sent bodyguards. (Picture/China Time File Photo) The 16-year marriage between 50-year-old Canadian male star Xia Keli and Huang Jiaqian came to an end last year. Part of the verdict of their divorce lawsuit in Canada was also released. The court ruled that Xia Keli … Read more

Homeowners in Mecklenburg-Western Pomerania Eligible for Funding and Loans for Modernization Work in 2023

Homeowners in Mecklenburg-Western Pomerania Eligible for Funding and Loans for Modernization Work in 2023

Owners of homes or apartments in Mecklenburg-Western Pomerania can also receive money for modernization work in the second half of 2023. Loans of up to 120,000 euros without interest are available, said Schwerin’s building minister Christian level (SPD) on Sunday. In addition, a quarter of the loan will not be repaid as part of a … Read more

Jakarta Property Investment: Why One CEO Prefers Stocks Over Real Estate

Jakarta Property Investment: Why One CEO Prefers Stocks Over Real Estate

Jakarta – Investment in the property sector has been the prima donna so far. Because this investment is considered to provide a large profit. However, this does not apply to Deputy Main Director of PT TBS Energi Utama Tbk (TOBA) Pandu Patria Sjahrir. Pandu himself has also served as President Commissioner of the SEA Group … Read more

The Potential Liquidity Concerns of US Banks as Six Trillion Dollars Worth of Loans Expire

The Potential Liquidity Concerns of US Banks as Six Trillion Dollars Worth of Loans Expire

According to Jeffrey Sherman, the president of the American investment company “DoubleLine”, US banks are worried about liquidity, because in a couple of years the six trillion dollars’ worth of loans will expire. “Fleeing from banks can happen at any moment. As long as the US Central Bank supports high interest rates, it creates a … Read more