Building interest rates rise to four percent – ​​the highest level since 2011

Building interest rates rise to four percent – ​​the highest level since 2011
Detached houses under construction

The financing conditions for a home have deteriorated significantly in recent months.

(Photo: dpa)

Düsseldorf It is an extreme increase in a short time: At the end of last week, the building interest for loans with a ten-year fixed interest rate rose to four percent, according to FMH Finanzberatung. This is the highest level since 2011 and a fourfold increase since the beginning of the year. Interest rates have risen by more than 0.6 percentage points since mid-September alone. In mid-August, the interest rate was back at 2.68 percent after a sharp rise in the spring.

It is an extreme increase in a short time: At the end of last week, the building interest for loans with a ten-year fixed interest rate rose to four percent, according to FMH Finanzberatung. This is the highest level since 2011 and a fourfold increase since the beginning of the year. Interest rates have risen by more than 0.6 percentage points since mid-September alone. In mid-August, the interest rate was back at 2.68 percent after a sharp rise in the spring.

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