Low Interest Real Estate Loans

Currently lucrative loan offers according to the construction money broker mortgage discount get real estate borrowers then particularly favourable conditions, the real estate portal myimmo.de reported. The interest rate for the first time less than four percent and reached a new all-time low. The current loan offerings are so lucrative for builders and homebuyers like never before. Loan with a ten-year fixed-rate is already there from 3.2 percent. At an interest rate by five years, consumers in the best case scenario get a mortgage at an interest rate of 2.5 percent. Kai Oppel of the mortgage discount points out that the low interest rate of below four percent for real estate loans with maturities of 20 years will endure permanently. Interhyp Board of directors Robert Haselsteiner confirmed this statement.

Although the interest rates provided in the short term continue to fall, in the medium term, however, an increase is considered safe. Upon completion of a real estate loan is to make sure that the total running time remains manageable. Accordingly recommends a hailstone Repayment rate of two to three percent and advises in addition to a Volltilger loan. About a higher ongoing eradication a fixed rate is set here already at the end of the loan, so that after 20 to 25 years, a full refund is possible. Borrowers should not forget when the then favourable interest rate offers that runs the funding over a long period of time.

Interest rates move and evolve with the market. Changes in interest rates are possible and likely upwards. This may lead to greater burdens of borrowers. More information: news.myimmo.de/zinsen-fuer-immobilienkredite… University Service GmbH Lisa Neumann

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