The best mortgage lenders with 20 years of fixed interest rates

Cologne If you want to build or buy a property today, you have to pay significantly more than a few years ago. Real estate prices are constantly rising. A small ray of hope: Loans are cheap – for now. The phase of low interest rates in recent years has had a positive effect on the financing offers from banks and brokers – at least from the consumer’s point of view. Just over a year ago, the interest for a real estate loan with a ten-year fixed interest rate was around 0.7 percent per year, a record low. Real estate loans have never been so cheap. But the tide has turned. Since the markets are betting on a turnaround in interest rates, construction interest rates have also risen in recent weeks, and faster than expected.

Experts predict that things will continue to improve over the course of the year, not least because the decision by the German Financial Stability Board to increase the requirements for banks to grant loans is reinforcing this development.