Higher interest rates: Experts expect more foreclosures

Apartments in Berlin Real estate prices in Germany have been rising for years. (Photo: dpa) Frankfurt Because of rising interest rates, experts expect that more people will have to foreclose on apartments or houses. Interest rate hikes, high inflation and reduced consumer confidence are hitting the middle-income bracket, explained Walter Ruesch, managing director of the […]

Economy: Higher interest rates – experts expect more foreclosures

FRANKFURT Because the procedure lasts one to two years, however, this will only be clearly noticeable in 2023 and 2024, said Ruesch. “Currently we only have a slight increase.” The specialist publisher Argetra regularly publishes reports on compulsory real estate auctions and evaluates the corresponding dates at all of the almost 500 district courts in […]

Higher interest rates: Experts expect more foreclosures

Because of rising interest rates, experts expect that more people will have to foreclose on apartments or houses. Interest rate hikes, high inflation and reduced consumer confidence are hitting the middle-income segment, explained Walter Ruesch, managing director of the Argetra publishing house, on Friday. There will be little room for negotiation with banks that have […]

Buying real estate: what to do if the financing is stuck

There are many reasons why homeowners can no longer pay their loan installments. But the solution is always the same: seek dialogue with the bank. Burying your head in the sand out of shame would definitely be the wrong approach. Because if installments are not paid or reduced, the loan is terminated after a reminder, […]

Abortion now banned in several US states

It’s a decision with huge repercussions for women in the US: The Supreme Court overturns the country’s liberal abortion laws. Many states have prepared for this moment. – After the controversial decision of the Supreme Court, a number of US states have already enacted far-reaching bans on abortion. Trigger Laws come into effect Half of […]

The 3 most annoying traits of a Lion

As we have discussed many times, each zodiac has its own positive and negative properties. The Lion we have already written about the good side, and now let the annoying things follow. (Photo: Getty Images/Lionel Lapoirie/EyeEm) He always wants to be the center of attention The Lion feels good when he can shine in the […]

Apartments confiscated from Russians in Munich

SPublic prosecutors from Munich and officials from the Federal Criminal Police Office have confiscated three properties and a bank account from Russians in Germany. The Russian Duma deputy L. and his wife K., who is registered as a resident of Munich, are affected. Both are referred to by the Munich I public prosecutor as suspects, […]