In november, the construction interest rates for a ten-year loan rose to the highest level in a good two years. Is this already the peak? Or is to be expected with further increases? This question is on the minds of everyone who wants to finance a new building, start a refurbishment project or buy a condominium. Particularly due to the parallel price increases in the real estate market, the future development of the interest rate market will determine whether one can still afford real estate financing. Or whether a follow-up financing, which is due in the next few years, should possibly be brought forward by means of a forward loan. All experts are currently certain of one thing: the days of historically low interest rates are over. According to the 2022 interest rate trend, however, interest rates will not rise by leaps and bounds.