Borrowers benefit from the banking crisis

Munich As investors around the world worry about the stability of banks, interest rates on home loans have fallen. In the past two weeks, interest rates on ten-year loans have fallen almost 0.3 percentage points to 3.78 percent.

In times of crisis, investors flee to so-called safe havens such as government bonds. If interest rates fall here due to increased demand, this also affects the conditions for building loans. Because, to put it simply, banks refinance themselves with Pfandbriefe, which in turn are based on the papers of the federal government.

For Mirjam Mohr, board member at the building finance broker Interhyp, builders and buyers now have the opportunity to finance. “Anyone interested in initial or follow-up financing should take advantage of the current low interest rates,” she says. However, by no means all borrowers will be able to benefit from this small interest rate low, because the banks are taking a closer look at who they are lending money to.