mortgage loan

Czechs borrow record amounts for housing

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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 … Read more

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

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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