Construction costs are currently skyrocketing

Rockets and feathers is the keyword

Why should a concept that connects, for example, oil and gasoline prices be directly applicable to mortgage interest rates? The market there is comparatively transparent thanks to comparison portals and, due to the position of the banks and the economy, is more likely a buyer's market. Those who can still afford money will definitely be helped.

You don’t seriously believe that banks will let this business be taken away from them so quickly by some declining swaps? In my opinion, the rapid interest rate increase before the ECB's reaction was because everything suddenly became expensive, only the banks waited too long to expand their margins. When they realized that, it went really fast. Construction loan interest rates should actually only be where they are today (still without an implemented interest rate adjustment) after two interest rate hikes by the ECB. Such a rapid interest rate increase might otherwise only have been seen under conditions that are better left unspoken.

You are misunderstanding something. Many banks refinance the loans on the capital market. That is simply a fancy word for selling the loan further. But you can only sell further if you offer competitive interest rates, and that’s why you depend on the capital market. And the capital market, in turn, looks to the future. If two interest rate hikes by the ECB are expected, they will be priced in immediately and not only when the ECB actually raises rates.

In order to secure the highest possible profits for as long as possible..this is called capitalism and initially has nothing specifically to do with fuels. The same also applies to the wood price.

Not when the ECB buys unlimited southern European bonds and thus artificially lowers interest rates. Plus the extremely high Target balances. This is basically fiscal policy through the central bank, and therefore a clear breach of its mandate. But the motto is "whatever it takes."

Clearly, the euro is a flawed construct, because necessary convergence processes across states do not take place and problems are printed away by the ECB with the printing press. And Germany is to blame itself; it should incur much more national debt and strongly increase wages as well as consumption to restore balance. Instead, one opts for indirect money transfers to the south in dizzying amounts. And the south immediately goes bankrupt if these transfers are even minimally reduced. This was seen at the recent emergency meeting of the ECB council.

And yes, this discussion is absolutely on topic here. Because the ECB significantly influences construction prices through bond purchases and interest rates.

I do not think you are telling only falsehoods. But when simplifying, you mix things together that have nothing to do with each other – unfortunately in good company with some media and sadly also some economists. Specifically:

The acute Target balances are not a fiscal policy mechanism and certainly not a mechanism for any transfer to the southern countries. They are an accounting imprint of the fact that Germany receives net MORE (!!!) (yes, you heard correctly: more instead of less) euros from the south through trade than flow back the other way.

The problem is that nothing is done with these euros that go into the exporters’ coffers: no imports, no investment, no distribution to the employees. Dividends are paid or hidden reserves are built and that’s it. While we discuss whether students need clean toilets and at what point a bridge is no longer safe to cross.
This is reflected in the balance sheet as a surplus and in the Target system as a positive balance. But surplus and Target balance are consequences of causes that Germany creates all by itself. And this has been going on for decades now. The ECB has absolutely nothing to do with it.

I even claim that the ECB sees itself forced to certain measures BECAUSE Germany pursues this concept and stubbornly clings to it.

And yes: now it is becoming more expensive above all for homebuilders. Not ONLY because of this, but ALSO because of it.

I had predicted this here at the beginning of the year, ... Anyone can read it here.

Where, please where, can one read this? You have only been registered in the forum for just under 48 hours.

Where, please where, can one read that? You have only been registered here in the forum for just under 48 hours.

Durran, Peter Pohlmann, Lisa's Dreams. Take your pick.