German Mortgage Rates Hit Highest Level Since 2009
Conflict involving Iran fuels inflation fears and drives up home loan costs
Macroeconomics Editor: Fabricio Marcilio 1 min read
Mortgage interest rates in Germany have reached their highest level since 2009. The geopolitical instability caused by the conflict involving Iran is sparking concerns about the inflation trajectory in Europe. This climate of uncertainty is pushing up borrowing costs.
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