Construction costs are currently skyrocketing

We are currently in the process of acquiring a property. We have to get it done quickly before people realize that interest rates are dropping significantly. We managed to negotiate almost 30K down with the argument "interest rates are high." Very exciting times.

That's exactly it! Many are waiting or resigning. If the interest rate drops further, towards 2%, what do you think kind of spirit of optimism will come up then? Everything done right!

before people realize that interest rates are dropping drastically.

Where did you get this info from? What exactly does "drastically" mean? Nothing will happen that quickly....

Even if the interest rates now drop to 2.5% and stay there... That is still 2.5 to 3 times last autumn. That does not bring much play back.

Interest rates are currently exceptionally volatile. I cannot understand seeing a phase of interest rate cuts here. This could be a sign of larger movements in one direction. However, I do not think the direction is downward. So anyone who can still get financing at 2, xx percent should secure it as soon as possible.

Even if interest rates now drop to 2.5% and stay there... That is still 2.5 to 3 times the level from last autumn. That doesn't bring back many deals and play.

Are we always talking about a 10-year fixed term as the standard here?

I think so. Recently, I have somewhat lost track of your actual conditions, it has been quite up and down. But if I remember correctly, we are currently at about 3% for 10 years.