The average mortgage rate fell in October for the seventh time in a row, interest in mortgages is not slowing down – ČT24 – Czech Television

The average mortgage rate fell in October for the seventh time in a row, interest in mortgages is not slowing down – ČT24 – Czech Television

However, this year will definitely not be a record for the number of pieces, said Vladimír Staňura, an advisor to the Czech Banking Association. So far, 73,000 of them have been sold so far, which is less than 90,000 for the whole year. For comparison, in the strongest year 2016, 115 thousand mortgages were sold. … Read more

The mortgage bubble continues to inflate. The overheated housing market is just ahead of the record

The mortgage bubble continues to inflate.  The overheated housing market is just ahead of the record

The average mortgage rate fell to 2.02 percent in October from 2.07 percent in September. The rate decreased for the seventh month in a row, so low for the last time in March 2017. October, with a mortgage volume of 25.214 billion crowns, became the second strongest month in the history of the hypoindex compiled … Read more

The European stock market was flooded with blood. Economies are in danger of freezing

The European stock market was flooded with blood.  Economies are in danger of freezing

Other major European stock exchanges also lost ground during Thursday’s trading. The main index of the Paris Stock Exchange CAC 40 today fell by 2.1 percent to 4837.42 points. The DAX index of the Frankfurt Stock Exchange fell by 2.5 percent to 12,703.75 points and the index of the Milan FTSE / MIB fell even … Read more

The Prague Stock Exchange continues to weaken, Komerční banka fell sharply

The Prague Stock Exchange continues to weaken, Komerční banka fell sharply

The Prague Stock Exchange continued to weaken, the PX index fell by 0.26 percent to 868.03 points. Banks in particular drew him down. Only three titles closed with a profit – Avast, ČEZ and Stock. – “As on Monday, investors had a negative perception of further restrictions due to coronavirus, which will slow down the … Read more

Super-cheap loans are mainly given to large players

Super-cheap loans are mainly given to large players

According to analysts, the slowdown in interest-bearing financing of uncertain business contributed to the fact that the average interest rate on corporate loans fell from a maximum of 3.37 percent in February this year to 1.5 percent at the end of the February holidays. This is the lowest interest rate at least in the last … Read more

Some hundreds, others hundreds of thousands. The dispute over early repayment of mortgages is escalating, ČS will become more expensive

Some hundreds, others hundreds of thousands.  The dispute over early repayment of mortgages is escalating, ČS will become more expensive

Some banks charge hundreds of thousands of fees for early mortgage repayments. Others only a few crowns. The reason is the different interpretation of the Consumer Credit Act. Although this issue is much being addressed between the banks and the Czech National Bank, the discussion is still without clear rules. And so more and more … Read more