Anyone who has financed their property purchase with a loan should now examine their financing in view of the increase in building interest rates.
(Photo: dpa)
Frankfurt Many real estate owners are afraid: Because the rising interest rates could also affect them – depending on when they closed their real estate financing and on what terms.
Experts do not expect that the rising interest rates will have such a strong impact that the entire financial system will falter. But for the individual, the consequences could be quite dramatic. Specifically, it is necessary to check when the loan was paid out, with what fixed interest rate, repayment rate and at which location in Germany.
The start-up Scoperty, which specializes in the valuation of real estate using artificial intelligence, has calculated which real estate owners could be hit particularly hard. The result: Above all, those who invested in a property in 2018 or 2019 and bought it in Munich should now carefully examine their finances.
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