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A prediction that interest rates will rise by 0.4 to 0.5 percentage points within a week is unreliable – nobody can do that. It is simply pressure to achieve a deal.

Hello,

sorry, @Lexmaul, here I have to disagree with you.

I am a banker myself, though not in the lending business.

Today, for example, "our" building society raised the interest rate for loans with a 15-year fixed interest period by exactly 0.4%, as interest rates are indeed currently rising.

So this has nothing to do with unreliability. Since such steps are usually announced in advance, the colleague’s behavior is even more than fair towards the customer.

Of course, a consultant can (and should) say that he can only guarantee the offer for x days, after which the interest rate changes in an unknown amount and direction.

Here you are absolutely right.

Regards,

Dirk

Hello

I agree with doc. If the broker mediates to Sparkasse or Bausparer, then such jumps can occur.

The "major banks" usually increase in 0.1-0.2% steps.

There are countless brokers and there are so many banks. Basically, I would always get counteroffers.

Well, "the interest rates" are not "a building society".

Well, "the interest rates" are not "a building society".

The building society was given as an example. Take a look at some other banks, it's no different there... The KfW is also considering upward adjustments...

That's true, only financiers will not significantly increase within a week. Over the next four weeks, it will certainly look different.

And yet, all of this is below the financings I have ever completed ...

That's true, but financiers will not significantly increase within a week. Over the next four weeks, it certainly looks different when discussed.

I wouldn't bet on that in the current situation...

And yet it’s all below the financings I have ever completed...

Oh yes, I also thought the year before last that my 3.10% over 25 years could not be topped. How wrong you can be...