Mortgage rates up by big steps
Rotterdam - After the major banks last week, now other providers, such as insurers and pension funds, have also raised their mortgage rates.
The result is that the average mortgage interest rate is going up with seven mile boots, according to an overview compiled by de Hypotheekshop.
Especially people who want to fix their interest rate for a longer period are now significantly worse off than a week ago. The 20-year interest rate rose to 2.52%, an increase of almost 0.1%. Those who want to lock in their interest rate for the full 30-year mortgage will pay 3.09% interest. In previous weeks, the average longest interest rate still dipped below 3%.
The variable rate remained the same at 1.83%, allowing it to be overtaken by the 10-year rate. Homeowners opting for the most popular fixed rate period paid an average of 1.84% interest.
Source disclosure: Telegraph.
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