Construction costs are currently skyrocketing

That is intentional. High key interest rates to reduce growth = less inflation.

At the stock market, another interest rate hike by the ECB is expected, you won’t see the 5% again that quickly.

Local bank here in Hanover. Every day it goes up 0.1-0.2%. The 5 and 30 years look interesting...

As long as Klara stands by it, I see no downturn.

Federal Minister for Building Klara Geywitz (SPD) sticks to the federal government's promise to build 400,000 new apartments per year. With regard to rising interest rates, skilled labor shortages, and unreliable supply chains, Geywitz told the news portal ZDFheute.de: "It has become more difficult, so we have to make more effort."

After all, she implies her efforts with , that can only work then.

Local bank here in Hanover. Every day it goes up 0.1-0.2%. The 5 and 30 years look interesting...

Interesting in a negative sense...

5 years and gambling? After 5 years maybe extend with 6%? 30 years are completely uninteresting, better to invest the surcharge in repayment and hedge the residual risk after 15 years (that means 1.5% more repayment, so after 15 years you have repaid 25% more of the loan amount than if I take the 30-year one).

5 years and gambling? Maybe extend at 6% after 5 years? 30 years are completely uninteresting, better to invest the surcharge in repayment and secure the residual risk after 15 years (that's 1.5% more repayment, so after 15 years you have repaid 25% more of the loan amount than if I take the 30-year term).

I think he meant rather that the 5-year terms currently have a higher interest rate than the 8-, 10-, and 12-year terms.

What I'm wondering now – with such a not so high delta – is whether the 15-year or 20-year terms are more worthwhile?

What I’m wondering right now – with such a small delta, is it better to go for 15 years or 20 years?

You can consider how the swap mid - refi rates fit into this (= inverted yield curve = usually the harbinger of a recession).


With such a small delta, I would go for 20 years. Cheaply bought security. Or just wait and see how the economy actually develops and act like many professionals do.