Czech mortgage rates rise due to inflation, may hit 5 percent next year
by Third Party | Nov 18, 2021 | Industry Updates, Mortgage Information | 0 comments
by Third Party | Nov 18, 2021 | Industry Updates, Mortgage Information | 0 comments
Share this article!
The average mortgage rate rose for the eighth month in a row but the number of people interested in a mortgage has not decreased. The volume of mortgages provided in October again exceeded CZK 30 billion, according to Fincentrum Hypoindex. Mortgage interest rates are expected to rise still further, perhaps approaching the 5 percent mark next year due to inflation and lending rate changes by the Czech National Bank (ČNB).
The average interest rate on mortgages rose by a further 11 basis points to 2.54 percent per year in October. Since March this year, the average interest rate on Czech mortgages has risen by 0.61 percentage points.
Why education is set to be doubly important for agents in 2023
#realestate
https://wrenews.com/?p=23450
Three things government could do to support the housing market now
#realestate
https://wrenews.com/?p=23455
How to shop for and compare mortgage offers
#realestate
https://wrenews.com/?p=23445
Cart has been replaced