The fierce competition from banks has been keeping rates at bay for years. Thanks to low years of rates, good availability of mortgages, but so a low comparison, the volume of mortgages provided increased by 54.3 percent.
Hypoten banks recorded a jump in new mortgages during the summer market. In total, during the shortest month of the year, banks provided 4,208 mortgages in the total amount of CZK 7.098 billion, which in the meantime means an increase in volume of an unprecedented 24 percent.
The main reasons for the increase in demand for new winds are still a record low year rates, very good availability of mortgages and a wide range of prices of interesting real estate.
years of the rate will only gradually peel off the bottom
On average, the average rate of mortgages granted in the dollar rose by 6 hundredths of a percentage point to 4.26 percent. From the client’s point of view, this is not a gout tragedy. Compared to the same period last year, the value of Fincentrum Hypoindex is still more pronounced, in 2010 it averaged 5.37 percent. On the positive side, the fact that years of actual mortgage rates have risen sharply more slowly than the rate at which rates reported in rate banks are moving upwards.
The mortgage market and the offered rates for years are currently showing huge volatility. While the hundred banks in the city with Hypoten banka, Raiffeisenbank and LBBW Bank decided to increase the offered year rates, a large group of banks in the company with the Czech Savings Bank refused to copy this trend and even lower the year rates or even lower the rates (Wstenrot hypoten bank and GE Money Bank). The goal of this Monday is nothing more than an attempt to send a thorn in the market for healthy banks.
|Summary for nor 2011|
|Fixation period of the rate years||all fixations||1 year||5 let|
|Change from last msci (bp)||6||6||4|
|Prmrn ve hypotky (tis. K)||1 699||1 938||1 538|
|Msn spltka 1mil. mortgages for 20 years (K)||6 196||6 393||6 170|
|Msn spltka 1mil. mortgages for 15 years (K)||7 526||7 704||7 501|
|According to vr for purchase on the total pot, incl||66%||65%||64%|
|According to vr for construction on the total sweat, incl||20%||19%||19%|
|According to other vr on the total sweat vr||14%||16%||17%|
Where can you learn?
The reduction of offer year rates over the past 30 days was announced by mBank, which will offer a mortgage with a variable one-year rate and a bond with a rate of 2.99 percent. The offer is paid in the event that the ratio of the mortgaged value of the property and in the year does not exceed 50 percent.
The competitive advantage of mBank are zero fees both for the required year and for the first year. Spring on the mortgage market is usually in the sense of various fees at favorable rates, and this year is no exception in this regard. Wstenrot hypoten banka is now offering a mortgage for own housing up to 85 percent of the value of the property with a five-year fixation without a processing fee, which has also temporarily reduced the entry fee for other types of mortgages to CZK 2,999.
You dotete yourself at Hypoindex.cz.