High interest rates with fixed interest, alternative flex loans?

A look into the past helps here. The inflation of the 70s was initially "only" caused by energy shocks. Then it became self-sustaining, because naturally the employee demands more money accordingly, and if he gets that through, the companies raise prices. The goal of interest rate hikes is mainly to reduce the scope for second-round effects. And to dampen demand. A higher interest rate won't change your heating needs, but it will, for example, lead to you not building a house and thus needing less energy-intensive material.

In the 70s, interest rates rose from 6 to 12%. A doubling. Currently, interest rates have risen from 1 to 4%, a quadrupling. By the mid-70s, the interest rates were back at 6%, by the way.

There will be no wage/price spiral like in the 70s. The world has changed massively since then. The overwhelming competition from the Far East, the superiority of Asians in electronics/microchips, the EU with its four freedoms. None of that existed back then. There is no room for larger wage increases.

In the 70s, interest rates rose from 6 to 12%. A doubling. Currently, interest rates have risen from 1 to 4%, a quadrupling.

Well. More like this. Back then they rose by 6% and now by 3%.

I would also rather look for longer terms instead of shorter ones. I do not see the apocalyptic horsemen now, but I do see us facing a winter that will put many households in great distress due to massively increased energy and living costs. I doubt that we can already fully estimate the economic consequences of this. And I doubt that they will be mild. I agree with the opinion that we will not be able to avoid a recession one way or another, nor further interest rate hikes, in order to steer inflation back to healthy levels. I would secure myself as best as possible. Above all to ensure that the loan can be serviced in the long term. You can easily calculate what a few decimal points in the interest rate mean for the monthly installment on a mortgage loan. We last financed at the low point in 2020, and completed our current financing in April 2022. When we signed, interest rates were rising like crazy. We had mixed feelings - it was the cheapest offer from all banks queried, so we were happy - but at 2.54% over 20 years, also significantly more expensive than our 2020 financing. Looking back five months now, I am over the moon that I signed for this rate.

Well. More like this. They rose by 6% back then and now by 3%.

No, mathematically correct would be 100% and 300%. Or by 6 percentage points and 3 percentage points Those who insist on kWh should apply percentages correctly or if you dish it out, you have to take it too. :P

No, mathematically correct by 100% and by 300%.

Or by 6 percentage points and 3 percentage points

Anyone who insists on kWh should apply percentages correctly or those who dish it out must also be able to take it. :p

You can write percent and percentage points. Both are used.

With kW, kWh or even Kwh or kW/h it is simply wrong (power or work/energy) or you are completely off track.

You can write percent and percentage points. Both are used. With kW, kWh or even Kwh or kW/h it is simply wrong (power or work/energy) or you are completely off track.

Percent and percentage points are, however, different things.