According to the ECB decision, experts are expecting building interest rates of up to 4.5 percent by the end of the year

Dusseldorf After the European Central Bank (ECB) raised interest rates again, experts are assuming that financing conditions for real estate will become even tighter. Michael Neumann, CEO of the financing broker Dr. Klein says: “As difficult as forecasts for mortgage interest rates are at the moment, an end to the rise in interest rates is not likely for the time being.” means: construction interest rates continue to rise.”

Mirjam Mohr, board member for private customer business at Dr. Klein’s competitor Interhyp, does not expect any relief either. Although the current move by the ECB was already priced into the conditions and interest rates are currently moving sideways, there is no end in sight to the rise.

After all: “Even if forecasts with a view to record inflation and economic development are uncertain, the further rise in interest rates could at least lose momentum.”