Mortgages will become more expensive. Low rates are ringing the death knell

“Banks are no longer reducing at the same pace as in previous months. The main reason is the price at which banks raise money for further lending on the interbank market. And it was the price of money on the interbank market that began to rise rapidly in November, ”points out Jiří Sýkora, an analyst […]

Get in debt now, it will be worse, banks whisper. Mortgages are extremely cheap

It is almost certain that the mortgage market will break the record this year. Not enough is enough, and in the volume of loans provided, the target from 2016, when people borrowed 225.8 billion crowns for housing, will tear. Interest in mortgages is also increased by low interest rates, which fall below two percent. Bankers […]

The survey found out why people take out a mortgage

More than a fifth of Czechs now have a mortgage, ie almost 700,000 households. However, these numbers will continue to grow due to the extreme interest in housing loans this year. The Czech Banking Association has monitored why people take out mortgages, in what amount most often and according to what they orient themselves in […]

Czechs borrow record amounts for housing

Compared to last year, house prices rose on average by only half the rate. According to mortgage advisers, the rocketing growth in the amount of mortgages being raised is mostly related to the strong shopping appetite of wealthier buyers looking for more expensive goods. “The record August average mortgage loan of 2.79 million crowns was […]