20-year fixed loan at 1.7%, who is behind it?

Hello Merlin, your graphic has an error.

You cannot compare the time of the national DM currency area with the time of the Euro.

If anything, only the period from 2001 onwards would be relevant for consideration, and even here not the first years.

Furthermore, one should know that the retrospective view is NOT an indicator for the future view.

Moreover, I do see interest rate increases of 250 basis points and more in the chart.

And whoever is currently financing at just under 2% will have to swallow hard at 4.5% tomorrow.

In my opinion, however, it does not look like that afterwards (for reasons other than history).

Hello Merlin, your graphic has an error.

You cannot compare the time of the national DM currency area with the time of the Euro.

If anything, only the period from 2001 onward would be relevant for consideration, and even here, not the first years.

Furthermore, one should know that the retrospective view is NOT an indicator for the future.

Besides, I do see interest rate increases of 250 basis points and more in the chart.

And anyone who is financing at just under 2% today will have to swallow hard at 4.5% tomorrow.

But in my opinion, the situation does not look like that afterward (for reasons other than history).

And where was I wrong now?

So, with such low premiums, you don’t have to think long.
I would get 10 years for 1.38%. If you now calculate the interest rate at which the option of 2x 10 years is cheaper than 20 years, I lose money if the interest rate in 10 years is less than 2.80%, if it is more, then I have an advantage.

Sure, the financial experts don’t believe we will get an interest rate level like 20 years ago again. Our economic growth is simply too low for that. You can also see this in the favorable long-term conditions. If everyone expected 10% again, no one would offer 20 years at 1.70%.

But 2.80%, we had this interest rate just under three years ago and currently, IMO, we are already in an exceptional situation.
Personally, I believe that within a horizon of 3-5 years we will be above 3% again. And that’s why I’m going with the 20 years.
There.

1) You cannot simply compare the last 40 years as the graphic does. 2) History is no indicator for the future

This graphic serves solely for marketing purposes and is not a basis for a scientific or economic analysis.

One could say... fell for advertising.

1) You can't just compare the last 40 years as the chart does. 2) History is no indicator for the future

This chart serves solely marketing purposes and is not a basis for scientific or economic analysis.

One could say... fell for advertising.

1) That does not make the chart any less meaningful than the course of any security's chart

2) I agree; in particular, it is also not an indicator for the future that interest rates will rise.

--> Especially since everyone had already assumed 5 years ago that the "interest rate turnaround" was imminent... and what happened?

In my opinion, any statements about an "interest rate turnaround" are currently all speculation.

Also, please explain to me how Southern Europe and partly Central Europe could withstand an "interest rate turnaround" without going bankrupt.

...
One could say... fell for the advertisement.

What was Interhyp supposed to advertise with that? This is a side note and in my opinion certainly has nothing to do with "fell for the advertisement."