Future builders and homebuyers are not always under pressure. Anyone who embarks on a search for suitable mortgages in good time can look around for the right real estate loan.
Some take advantage of this opportunity and sometimes even wait in a targeted manner – in the hope that interest rates could fall within the next few days or weeks, which will make financing cheaper.
Potential buyers should keep one thing in mind
The market can also move in the other direction, which threatens to increase mortgage rates. In recent weeks, however, the market has remained extremely stable.
Overall, only relatively weak interest rate changes were observed. Who has waited, lived through a relatively quiet time, the interest rates are basically the same.
Interest rates can also rise
Whether market rates will fall is hard to say. Meanwhile, the downward trend seems to be stopped, a few months ago, the construction field was already cheaper.
Especially since the US is coming to the fore: The bond purchases of the Fed should be discontinued, which speaks in the medium and long term for rising market interest rates.
Nevertheless, the market as a whole is difficult to estimate, so prospective borrowers are generally well advised not to take too high a risk. Especially since the current mortgage rates are very attractive anyway. If you take out a loan financed on first-class terms – the long-term historical comparison confirms this.
Think of the loan comparison
By the way: more important than the time of the contract is the interest rate comparison. Significant interest rate differentials may exist between the terms of individual banks. Only if loan conditions are comprehensively compared in advance, a guaranteed favorable loan comes within reach.