Development Of The Lease For The 3rd Quarter 2012

Construction interest forecast: construction financing interest rates in the third quarter of 2012 more low Berlin, 25.06.12 – maintaining the stability in the euro area requires according to the ECB (European Central Bank) continues to maintain the persistently low interest rates. Economic development must continue against a clear tendency of recessive and is supported with all means necessary on the part of the monetary authorities. The main refinancing rate remains at historic low 1.0%, which is attractive not only for commercial borrowing, but also for builders and real estate financing. The supply of European banks with cheap money to generally stimulating economic activity and mitigate the negative impact of the debt crisis in some countries in the euro area. Financial market management measures by the ECB is not the high debt burden of the countries in the floundering Greece, Portugal and Spain gives rise to many experts now question, like long a currency without political Union can still be kept. Non-European market participants increasingly losing confidence in the euro. The instruments of the ECB on the countermeasures of the economic downturn seems to be limited Extensible in the face of the achieved level of interest and the measures already applied. Overall, there is a sort of latent crisis in which no investors and hardly a trader builds still confidence in the euro currency.

At least seems so clear, that higher interest rates are currently not expected to but only if recovery on the horizon. Investment projects and real estate financing should now be implemented given of the historical lows of interest building interest rates are currently extremely attractive. So, long-term loans can be completed with relatively long periods of interest binding to very favorable interest rates. The total financial impact on real estate projects is therefore already well suited to moderate income levels. The margin down to still lower lease is very closely but can in the near future again a development occur, that certainly would justify an interest rate adjustment upwards, particularly from inflation-side point of view.