Mortgage desperation is coming, rates are rising.
The mortgage market forecast for this year looks pessimistic. People from banks estimate that the volume of closed loans will be half of what it was last year.
Veronika Hegrová is the sales director of the hyponamiru.cz portal and in a commentary for Forbes she writes about how getting a new mortgage and refinancing an existing one will become more expensive this year.
forbes.cz | 3. 2. 2022
October and November brought a whirlwind of mortgage interest rate increases that has not been seen for a long time. Some banks have adjusted rates several times in the last month and a half alone.
Ekonom.cz | 3. 12. 2021
Need to pay off your mortgage early? Then you should hurry. Until now, under the five-year-old Consumer Credit Act, you can repay up to a quarter of the total loan amount each year without any penalty.
Denik.cz | 18. 10. 2021