If you cleverly integrate a home savings contract into your real estate financing, you can save money.
(Photo: dpa)
Munich While there is less and less demand for real estate loans from banks, the business of building societies is excellent. The institutes offer something that, in times of rising interest rates on loans, is more in demand than ever by anyone who wants to build or buy a property: secure interest rates.
With the market leader Schwäbisch Hall, customers concluded ten percent more contracts from January to June than in the first half of 2021 – a trend that experts say is likely to continue. That wasn’t always the case: when building money was cheap and loans sometimes had a zero before the decimal point for interest, building society savings contracts were only in demand among people who, for example because of their old age, could no longer get a conventional loan, or among those who didn’t yet know when exactly they want to become owners.
The Handelsblatt shows whether it is worth becoming a saver and what the advantages and disadvantages of the classic are.
The decisive advantage: Secure interest rates
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