Construction rates of interest rise regardless of ECB rate of interest minimize | EUROtoday

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Construction rates of interest in Germany have not too long ago risen, even if the European Central Bank (ECB) has lowered key rates of interest for the primary time in 5 years. This is reported by the patron portal Biallo in a research, citing the financial institution information it collected. According to the research, rates of interest for mortgage loans with a ten-year mounted rate of interest are actually on common 3.67 p.c, for loans with a five-year mounted rate of interest 3.89 p.c, for 15 years 3.84 p.c and for 20 years 3.94 p.c.

https://www.faz.net/aktuell/finanzen/bauzinsen-steigen-trotz-ezb-zinssenkung-19788634.html