| |
| Yields on ten-year German government bonds. |
With rising inflation and attractive returns on West German government bonds also climb the interest during construction. The interest rates in 2011 is still on the up and up. Building loans has become dearer in the last six months continuously. The end of August 2010 was a real estate financing with ten-year maturity and a net loan amount of 150,000 € costs just under three per cent APR.
Currently, customers must pay 3.85 percent interest rates and interest rates forecast for 2011 should continue to rise. A Dent interest, it is not expected to give, after the European Central Bank (ECB) indicated a rise in interest rates. The key interest lies in the 7th May 2009 at 1.00 percent. An increase to 1.25 percent until Easter 2011 is now regarded as almost certain. So
announced central bank chief Jean-Claude Trichet at its monetary policy rhetoric a little harder. Inflationary pressure has risen and threatens the stability in the euro area, so Trichet. In the monetary policy assessment of 4 March 2011 repeated the ECB no longer that interest rates would be appropriate. Analysts conclude from this that an increase in ECB interest rate would be imminent.
The interest during construction development in March 2011 shall continue to be favorable. This is also the current rate of inflation in the euro area by 2.4 percent. This means that the real interest rates for 10-year building loan at 1.45 percent. Building loan is still favorable, and so experts advise not to delay too long a real estate financing.
conclusions for the prediction of interest during construction finance home ownership development in 2011 related to the analysis of ten-year German government bonds. Thus, the current yields of 2.12 percent to 3.27 percent between 31 August 2011 and the 4th March 2011. As was the key rate in the summer of 2008 stood at 4.25 percent, the yield on government bonds was 4.64 percent.