Significant increase in mortgage interest!
Inflation in the eurozone rose from 1.6% (April 2021) to 7.5% (April 2022) in the past year. To curb the skyrocketing inflation, the central banks will raise key interest rates.
This means that the mortgage interest rate is also rising. The interest on an average mortgage has risen from 1.4% to 2.9% since the beginning of this year. As a result, starters would be able to borrow less, landlords will have to pay more, mortgage offers that expire will receive higher interest rates.
In short, there are many uncertainties that can determine the right direction.
Do you want to adjust something in your living situation or mortgage? Or view your options with regard to investing?
Do not hesitate too long, we will help you to investigate the possibilities without obligation.