Mortgage rates continue to rise: higher monthly payments, refinancing boom –

Advisers note that people are now increasing their mortgage more often, for example for an extension. “People who already have an extension scheme are now joining them because of the increasing interest rates,” says Hagedoorn. “They think that if we wait, it will be very expensive later. This is also a sign of tightness in the housing market. Moving is difficult, so people are just going to renovate their existing home.”

Sanderink notes that making homes more sustainable is now popular, partly due to rising energy prices.

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House prices rose less rapidly in the first months of this year than in the past, partly due to rising interest rates and thus higher mortgage payments. On an annual basis, prices rose by about 14%. It used to be about 20%. Compared to the previous quarter, prices themselves have fallen slightly by about 2%.

“We expect price stability instead of a real decline,” says Hagedoorn. “The famine is too great for that. In the past, there were usually thirty people who bid on a house, now there are fewer. People have become a bit more reserved. But if only six people bid now, the house will always be on top. asking price…”

They also noticed that there are generally fewer bidders in De Hypotheker. “The market looks less tight than six months ago,” says Kloet. “As a buyer, you are more likely to ‘intervene’ and your offer will be accepted. This is a healthy development for us.”

Source: NOS

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