Anyone who wants to buy a property today needs more equity or has to take on more debt. For whom is the turnaround in interest rates a problem – and how big is the risk of overreaching yourself financially? Answers to the most important questions.
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Thomas Oechsner
Anyone who wants to build a house or buy a condominium these days and needs money from the bank is often shocked. A construction loan has become much more expensive than it was half a year ago. For some people willing to buy, this already means: the dream of their own four walls, possibly forever. Others dare to do it anyway and sometimes burden themselves with exorbitantly high debts. But are they overdoing it? Will the turnaround in interest rates become a problem for borrowers? The most important questions and answers.