Real estate: interest rates are falling again – economy

comment by

Harald Freiberger, Munich

Interest rates have fallen significantly in the past few weeks. Currently, the average interest rate for ten-year mortgage lending is 3.53 percent Consumer portal biallo.de under 80 offers. This is half a percentage point less than the high of 4.02 percent at the end of October. Interest rates had previously risen at breakneck speed due to the Ukraine war, high inflation and interest rate hikes by the European Central Bank. At the beginning of 2022, ten-year mortgage loans were still available for less than one percent interest.

source site