{
  "id": 9930970,
  "title": "Immobilien: Was die hohen Anleiherenditen für US-Verbraucher bedeuten",
  "url": "https://urgent.news/2026/09/26/immobilien-was-die-hohen-anleiherenditen-fur-us-verbraucher-bedeuten",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-26T06:53:31.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/maerkte/immobilien-was-die-hohen-anleiherenditen-fuer-us-verbraucher-bedeuten/100257448.html"
  },
  "original_language": "de",
  "account": "The increasing yields on the US bond market are also affecting other sectors of the economy, including the real estate market. This may be significant during the important midterm elections in November, in which \"affordability,\" a key campaign issue, will be prominent. The yields on US Treasury bonds of varying maturities have risen significantly in recent weeks. On Thursday, a renewed sell-off of the 10-year US benchmark bond caused falling prices and higher yields, reflecting directly on investors' demand for a 5.5% return on the 10-year Treasury bonds. Freddie Mac, a US mortgage finance company, reports that the average interest rate for a 30-year mortgage this week rose to 7.03%, a level not seen since 2022 and 2023 when the Fed had to sharply raise interest rates due to pandemic-related inflation. The average 30-year mortgage rate was 6.26% a year ago. The higher interest rates indirectly affect the rental market as well. As financing costs rise, the cost of building apartments increases. Already, the mood among U.S. housing builders in September was at its lowest since last year, according to the National Association of Home Builders. Higher credit costs also lead to a halt in the real estate market as current property owners would have to finance a potential move or purchase of a new home or house at significantly higher interest rates. According to the real estate agents' association, sales of existing properties fell to a 14-month low in August. Auto loans The rise in the yields on US Treasury bonds could mean higher costs for auto buyers as well. Consumers have already gotten used to higher prices due to supply chain issues during the pandemic and new tariffs. Add to that the significantly higher gasoline and record-high diesel prices in the U.S. due to the Iran war. Interest rates for auto loans, unlike mortgage rates, are more closely aligned with medium-term yields on US Treasury bonds, especially the five-year notes. Over the past 12 months, their yield has risen from 3.8% to the current 5.0%. According to data provider J.D. Power, U.S. consumers currently pay an average of 6.7% interest on a new vehicle loan, a 3.2% increase compared to September 2025, marking the highest level ever recorded in a September month. To cope with the higher rates, consumers are increasingly opting for longer loan terms. Currently, about 14% of all loans have terms of 84 months or longer. Credit card rates Credit card interest rates have a much larger impact in the U.S. than in Germany. On average, every American owes $6,600 in credit card debt. Unlike mortgage and auto rates, credit card interest rates in the U.S. are primarily influenced by the Fed's short-term rates. When Fed rates rise, so do the effective annual rates for credit card debtors. Currently, U.S. credit card rates average 19.6%. The impact of higher yields here is more indirect. If rising inflation expectations are the reason for rising yields, higher Fed rates would also mean higher credit card rates.",
  "summary": "Ob Hypothekenzinsen oder Autokredite – die höheren Anleiherenditen am Bondmarkt schlagen sich auch in anderen Bereichen nieder. Wo die Belastung für Verbraucher besonders hoch ist.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}