September 25, 2019

Never cheap again? The construction interest is significantly higher

Cheap real estate loans The times of cheap real estate loans could be over for a long time. The interest rates on loans with 10-year fixed interest rates have risen by almost 70 basis points since their low in August. The uptrend could continue to solidify, turning the dream home back into an expensive affair. In the past year, interest rates on real estate loans in Germany were unnaturally low. Experts explain this with an anomaly on the financial markets. The highest-rated interest-bearing securities, which include German government bonds, had rallied record-breaking. Bond market prices Rising bond market prices are synonymous with falling interest rates. Banks refinance real estate loans…

September 11, 2019

Expensive credit: Now the disbursement interest attracts properly

Discretionary interest rates The discretionary interest rates are rising across the board, making account surpluses even more expensive than they already are. Experts expect borrowing rates to reach a new level this year. Bank customers should therefore consider rescheduling more than ever and pay attention to the most favorable interest rates when selecting a checking account. Large bank raised the borrowing rate A large bank raised the borrowing rate by 25 basis points at the beginning of the week. The higher interest rate initially does not apply to all account rates, but comes into force immediately. Another well-known institute raised the interest rate by 3 percent. The hope for a…

August 7, 2019

Loans for seniors: offers a repayment installment.

The 60+ generation uses consumer finance lending much more frequently today than it did ten years ago. With a repayment rate of 98%, not very young borrowers prove particularly reliable. It is all the more incomprehensible that many banks no longer lend money from the age of 58. The Credit bureau Credit Compass 2012 is particularly detailed on the credit usage behavior of the 60+ generation. In the age group 60-64, the proportion of persons with a loan has increased by 41% in the last ten years. In the group of 65-69 year old Germany’s most important credit agency recorded an increase of 26%. Among the 70-74 year-olds, the increase…

August 1, 2019

This is the type of saver that suits you a term deposit

The number of people who have decided to place their savings in the financial sector in Colombia grew last year compared to the previous years, being approximately 1,400,000. This shows that the culture of saving and prevention is growing in the country, although much is still missing. Among the options to save and at the same time generate profits are the Term Deposit Certificates, which have become one of the favorite investment instruments of Colombians, mainly because they are easy to use and do not represent any risk. However, there are some factors to consider before requesting a Term Deposit Although it is a well-known instrument, it is not ideal…