On 2nd November 2017 the Czech National Bank increased the general interest rates by 0.25% again. The Czech banks will not wait with increasing the interest rate of the mortgages.
Currently it is possible to get a mortgage loan with the interest rate of 1.79% p.a. for a shorter fixation period. Nevertheless, the interest rates will be above 2% p.a. in average next year.
If you plan to buy a property, do a reconstruction or refinance your current mortgage loan we would advise you to start immediately and fix the lower interest rates in time.
It could happen that the interests will attack 2.5% p.a. during the next year.
Contact us right now and we will find the solution for you.