Templater: Folder Template is not being applied

Dear Obsidian-community!
I am new to obsidian and implemented custom templates that I wish to apply to any new note created in a certain folder. Hence I downloaded Templater, created my templates and enabled folder templates. Everything worked like a charm 2 day ago, now I came back and it’s not working anymore (meaning if I create a new note in a folder, it is blank and the template is not being applied).
The paths are specified correctly and I can use the templates when pressing “Alt + N” so there doesn’t seem to be anything wrong with the templates themselves. Here’s a screenshot of my settings:

I already restarted, disabled templater, enabled it again, reentered the paths to the templates, etc but I cannot fix it. Do you have an idea what might be going wrong?

Thanks a ton for any support in advance!