Construction costs are currently skyrocketing

Rising costs are always paid by the weakest link in the chain because he/she has no alternatives...

Rising costs are always paid by the weakest link in the chain because he/she has no alternatives...

Exactly - that's why used cars cost a lot today, while 3-4 years ago they could still be bargained for with big discounts. Markets are dynamic.

After a few days ago "our" bank already stopped offering construction loans with a term of >10 years, the next bank in the area has now followed suit - and the interest rates are rising again... I'm curious to see where we will stand at the end of the year

Short update on the interest rates: I was offered 3.09% nominal for 30 years yesterday

Has there been any change in the meantime and the bank was able to improve the offer to 2.92 percent. Now it means waiting for the bank's approval

Has there been any change in the meantime and was the bank able to improve the offer to 2.92 percent? Now we have to wait for the bank's approval.

How much do you expect the interest rates to rise in the next 10, 15 years that you want to commit yourself to 2.92% for 30 years?

How high do you expect interest rates to rise in the next 10 to 15 years that you want to commit yourself to 2.92% for 30 years?

Can't you exit after 10 years anyway? So in case the interest rates are then below just under 3%