First interest rate increase to be recorded

  • Erstellt am 2016-11-16 09:57:38

DragonyxXL

2016-11-16 09:57:38
  • #1
Since the last significant interest rate increases were already a year ago, I just wanted to briefly inform you that something has moved.

10-year mortgage interest rates have risen by ~0.1%
15/20-year by ~0.14%

So, if you have an offer and are currently considering waiting for better times, this might help with your decision-making.

There is certainly no need to panic now, but the forecasts of stable short- and medium-term interest rates from recent months could well change.

I’ll quote a bit:
Several reasons circulate in the markets for the worldwide interest rate increase since the election outcome in the USA. In addition to the recently positive stock market sentiment, the expected fiscal policy of a Trump administration is cited. During the campaign, the Republican promised significant tax cuts and high infrastructure spending. This points to rising government deficits and higher inflation rates. The interest rate increase is particularly strong for long-dated securities. Experts therefore speak of a steeper yield curve - often a sign of higher growth or inflation expectations. Many investors expect the US Federal Reserve to raise interest rates at the meeting on December 14. The interest rate increase in the euro area was reinforced by media reports claiming that the ECB might scale back the current bond-buying program, which, according to current plans, runs until March 2017 at 80 billion euros per month. As always, there are, of course, expert opinions that expect the US Federal Reserve and the ECB to continue their low-interest-rate policies.
 

HilfeHilfe

2016-11-16 15:16:35
  • #2
Madness 0.1 all builders immediately get nervous
 

Alex85

2016-11-16 15:50:34
  • #3
I agree. I would rather see this as a sideways movement.

The quote is logically coherent, but the question is always whether the perspective can be complete. The statements regarding the ECB, for example, are to my knowledge in direct conflict with recent statements from Brussels, that the bond purchase program will continue for significantly longer and, if anything, phase out gently. There are also economists who claim that the Eurozone currently cannot participate in an interest rate hike, so capital will flow to the USA, which will further pressure European assets. Ultimately, this does not speak in favor of rising mortgage rates as a result of a key interest rate increase in the USA. What will happen, we will see.
 

HilfeHilfe

2016-11-16 16:02:21
  • #4
Trump and Ängi will fix it
 

Traumfaenger

2016-11-16 20:42:04
  • #5
Depending on the bank, the interest rate increase varies. The Ing-Diba has raised its conditions by a total of 0.30% in the last steps on 08.11, then 12.11, and now today 16.11. But what good is this information if not everything is ready for signing???
 

toxicmolotof

2016-11-17 00:30:09
  • #6
As long as there is no 3 at the front with 10 years and 80% [BW], no one here certainly needs to panic.
 
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