The current interest rate development in the field of real estate financing shows that construction interest rates remain stable. The majority of the Interhyp banking panel forecasts stable construction interest rates of about 3.5% for 10-year loans over the next four weeks. This stability impacts private investors and savers who are interested in purchasing real estate or refinancing.
Current Interest Rates and Forecasts
- Current Rates: Construction interest rates have settled at around 3.5% for 10-year loans in recent weeks. While rates below 3% are possible, they are currently less likely.
- Forecast: The majority of experts expect no significant changes in construction interest rates in the coming weeks. However, in the long term, rising interest rates are anticipated, which recommends taking advantage of the current moderate rates for real estate purchases.
Significance for Investors and Savers
- Real Estate Purchase: The stable construction interest rates provide good opportunities for purchasing real estate. Investors should take advantage of the current rates, as rising rates are expected in the long term.
- Refinancing: For existing loans, refinancing at better conditions may be beneficial as long as rates remain low.
- Creditworthiness and Subsidies: Optimized creditworthiness can improve the individual interest rate. Moreover, investors should consider alternative financing components and subsidies.
- Market Conditions: The German real estate market shows strong demand, leading to rising prices. Existing properties in low energy classes offer negotiation potential.
Conclusion
The stable interest rate development offers investors and savers a good opportunity to realize real estate purchases or refinancing. However, in the long term, they should be prepared for rising rates and use the current moderate rates to achieve their financial goals.