Mortgages are historically cheap. There was finally a good time to buy an apartment?
"With the arrival of spring came a revival in the mortgage market. March high volume of outstanding credit was accompanied by the movement of rates that matched their lows of late last year and suggested that this year we may soon suffer a new bottom rate primarily due to the spring specials events," says principal analyst Fincentrum Josef Rajdl.
To February, customers with financial houses arranged on two thousand more mortgages more. The March figures were thus for the first time this year swung over seven thousand border and ended at the end 7134th
Mortgages, however, fared well in terms of financial underwriting volumes. This year, all first climbed above the level of 12 billion crowns, namely 12.064 billion, which grew by 3.5 billion more. "Clients seem to attract not only the ever-decreasing rate, but also the declining real estate prices," said Josef Rajdl.
He added that another reason for increasing the number of contracts and their volume is too low interest rates to refinance to a year in advance. Banks are practically falling over each other to offer an extended warranty for a low rate. "We can basically different fighting over clients with ending fixation to be in six months," concluded the analyst.
This is defined as the weighted average interest rate at which they are provided in a given calendar month mortgage loans to individuals. The weights are loans. Input data for calculations provide these banks: Czech Savings Bank, CSOB, Equa bank, GE Money Bank, Mortgage Bank, Commercial Bank, LBBW Bank, Raiffeisenbank, UniCredit Bank, Sberbank CZ and Wüstenrot mortgage bank.
Last news from the section Mortgages:
10.04.2017 Platformy pro binární opce
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