The interest rates on mortgage financing are currently very favorable – many builders and owners can currently finance at low interest rates and thus make the way in their own four walls as cost-effective as long ago. Experts already warn that the time of low interest rates could soon be a thing of the past.
Programs that are being used around the world
The reason for the pessimistic outlook from the point of view of borrowers is the government stimulus programs that are being used around the world to put a stop to the economic crisis.
The resulting massive expansion of government borrowing could very soon lead to rising interest rates for long-term financing. If inflation anxiety then comes, very high interest rates threaten that have not been seen for a long time.
Terms of which can already be fixed in the present
If you need a loan in one or two years, you can save a lot of money by completing a forward loan. The loans secure the payment of a loan in the future, the terms of which can already be fixed in the present. In this way, it is possible to secure the low interest rates without having to take out a loan today.
Securing interest rates
Fixed interest rates, repayment rates, special repayments and other components of the contract can be agreed in detail just as they are with conventional loans.
Securing interest rates for the future, however, is not free: Rather, that are based on the length of the lead time.
For example, these supplements currently amount to 0.03 percent per month. A maximum of a lead time of three years can be agreed. Worthwhile are forwards for anyone who needs financing in the foreseeable future.