Will there be further interest rate hikes, will interest rates on loans rise to 22.5 percent? Like interest-bearing loans now [27.03.2022]

Will there be further interest rate hikes, will interest rates on loans rise to 22.5 percent?  Like interest-bearing loans now [27.03.2022]

The Polish Financial Supervision Authority, on the eve of the next meeting of the Monetary Policy Council in March, suggested to banks that when determining the creditworthiness of potential borrowers, they assume that interest rates may increase by 5%. Reference rate of 2.75% would then be 7.75 percent. What does this mean in practice for … Read more

Will there be further interest rate hikes and the interest rate on loans will rise to 22.5 percent? How interest rate loans are now

Will there be further interest rate hikes, will interest rates on loans rise to 22.5 percent?  Like interest-bearing loans now [27.03.2022]

The Commission for Banking Supervision, on the eve of the next meeting of the Monetary Policy Council, suggested to banks that when determining the creditworthiness of potential borrowers, they assume that interest rates may increase by 5%. Reference rate of 2.75% would then be 7.75 percent. What does this mean in practice for all those … Read more

Will there be further interest rate hikes and the interest rate on loans will rise to 22.5 percent? And how the loans bear interest now: 03/12/2022

Will there be further interest rate hikes, will interest rates on loans rise to 22.5 percent?  Like interest-bearing loans now [27.03.2022]

The Commission for Banking Supervision, on the eve of the next meeting of the Monetary Policy Council, suggested to banks that when determining the creditworthiness of potential borrowers, they assume that interest rates may increase by 5%. Reference rate of 2.75% would then be 7.75 percent. What does this mean in practice for all those … Read more

Is this the best time to change your bank mortgage?

Is this the best time to change your bank mortgage?

Mortgage loans are present in much of our lives, however the initial conditions signed with the bank may not be final and may vary. Therefore, for some clients it may be very interesting to change the mortgage to another financial entity that offers more attractive conditions than those they currently have. Related news This procedure … Read more

Trader’s Week: Fear of the Fed continues to terrorize world stock markets

Trader’s Week: Fear of the Fed continues to terrorize world stock markets

The Fed’s fear of faster interest rates continues to terrorize global stock markets, but it is possible that the better is waiting for us. This is a brief description of the past week in the financial markets, where investors continued to monitor developments in US 10-year Treasury bonds and their impact towards the rotation of … Read more

CNB Vice-Governor: Inflation can be as high as 10%. The koruna will continue to strengthen

CNB Vice-Governor: Inflation can be as high as 10%.  The koruna will continue to strengthen

Updated 17:58 13. 1. 2022, 11:30 – – Inflation is rising, the koruna is strengthening, mortgages are becoming more expensive. Economist Lukáš Kovanda spoke with Marek Mora, Vice Governor of the Czech National Bank, about these and other topics on Thursday’s Our Czechia program. The level of December inflation in December is 6.6% and prices … Read more

The crown strengthens. The end of the anarchy and the strict policy of the CNB helped her

The crown strengthens.  The end of the anarchy and the strict policy of the CNB helped her

Not only the autumn intensification of the pandemic, but also problems with the supply of chips caused a significant weakening of the koruna a few weeks ago. But now she is shining for better times. In addition, it could receive another positive impulse from the CNB on Wednesday. The central bank is expected to tighten … Read more

Mortgages in 2022: Expect a sharp rise in interest rates

Mortgages in 2022: Expect a sharp rise in interest rates

Therefore, the average interest rate could climb up to five percent next year. The CNB’s jump in interest rates in November also surprised experts and made mortgages more expensive. Nevertheless, the Czech National Bank is ready to continue raising rates. He will have the opportunity to do so next week, Wednesday, December 22, at his … Read more

The pandemic is driving investors out of Central Europe. The crown is collapsing

The pandemic is driving investors out of Central Europe.  The crown is collapsing

“Reports of renewed economic closures in Austria and the continuing explosion of epidemic statistics in other Central European countries have frightened investors so much that they have given up the region and fled to safety,” explains Raiffeisenbank analyst Vít Hradil. “In general, all currencies in Central Europe are weakening, including the koruna. This caused the … Read more