Mortgage financing: are interest rates rising now? – Business

Interest rates are rising, so are prices. This makes it increasingly difficult for prospective buyers to purchase their own property. If you can, you should secure good conditions for as long as possible.

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Harald Freiberger and Stephan Radomsky, Munich

It’s not an easy time for people who have mortgages or are considering getting one: inflation is skyrocketing, interest rates are rising, property prices are overheating, and regulatory requirements are likely to make loans more expensive soon. “Especially for people with a lower income, it is becoming increasingly difficult to finance a property,” says Steffen Sebastian, Professor of Real Estate Financing at the University of Regensburg. If you have the opportunity, you should now secure the still favorable conditions for as long as possible.

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