Germany Strives to Avoid Housing Bubble by Forming New Policies

``With mortgage rates at record lows and savings accounts earnings almost nothing -- thanks to a string of European Central Bank rate cuts -- Germans are buying homes at the fastest rate in decades. That's pushed prices in cities including Berlin, Hamburg and Munich up by more than 30 percent in five years. New mortgages jumped by 22 percent in 2015 after five years of rising at 3 percent or less, according to the Bundesbank.''