2 C
Munich

The restart of the mortgage loan is postponed indefinitely. There will be no expected fall in apartment prices

Must read

The restart of the mortgage loan is postponed indefinitely. There will be no expected fall in apartment prices

Jaroslav Bukowski: Resurrection of FAANG shares or champion earns seventy percent

Record harvest of cryptocrime. They stole 80 billion from people and stole half a percent of the world market

Keywords:

Related Articles

Top news

Drones are changing the global arms trade. Bayraktar serves Turkey to advance its interests

The Japanese headquarters of Toyota has limited the investment of the plant in Cologne due to inflation.

Army purchases of body armor for 1.7 billion stalled. STV group promises to improve

Most read

Tax credits: when can you get them?

Betting on presidential candidates 2023: How bookmakers assess the chances of those interested in the Castle

The Prague Stock Exchange rose for the sixth time in a row, the strongest rise since last June

video

Barca. See how the legendary Škoda 706 R truck was made

We make projects primarily for people, says the co-founder of Vnitroblok

Under the microscope: More and more people are using their banking identity. The add-on must be a European wallet

Articles from other sources

Kate Middleton is celebrating her birthday, will she treat herself to her favorite dessert this holiday?

The first police car? The cart with electric motors had a cruising range of 48 km.

Patrick Marcel praises his brother: Terribly strong player. He has a big career ahead of him.

How much freedom do children need? We asked a child psychologist

There are only 2 types of people: 22 photos as irrefutable proof. Everyone recognizes them

What Microsoft products are ending this year? Windows 7, Office 2013 and more will end support

PHOTO: Do you remember? Eva Samkova and other cats. 28 beauties we saw at the Pyeongchang Olympics

Supertural Shiffrin: The “eterl” record is shaking. Why are only women at risk?

4 tips for caring for functiol and soft clothes

The Czech president has a Russian dad with Red Army soldiers, and is he, um, a German? This guy Jack Ryan has seriously failed.

Articles from other sources

Looking for inspiration for this year’s motorcycle season? An awesome scrambler might just be what you need

How did the beautiful presenter Lenka Spillarova rebuild her house? Branch chandelier and bathroom like a rock bar!

15 great films in Czech for free. We know where to find them online

Results of the 2023 IIHF Ice Hockey Championship among youths under 20: Czechs won silver, Cada celebrates

Jagr and his experienced teammates. 5 Kladno players who have been together for almost 200 years

Why I Eat When I’m Not Hungry: Or How Emotions Make Us Gain Weight

An almost forgotten VW Rallye Golf G60 from the nineties was sold for more than three-quarters of a million crowns.

Win #82! Shiffrin tearfully celebrated the women’s record

Subscription

  • Ukraine

  • Presidential elections

  • Workspace15

  • E15 magazine


Prices for apartments

  • How to buy an apartment

  • How to choose an apartment

  • How to get a mortgage

  • Mortgage calculation

Get E15 Premium for the first month for 1 crown
  • Information behind the scenes

  • Alyzes

  • Exclusive Interviews

  • Premium consulting

  • Electronic version of the diary + archive

  • Electronic version of jourls + archive

Subscription for 1 crown

‘);

Premium offer
Get E15 Premium for the first month for 1 crown
  • Information behind the scenes

  • Alyzes

  • Exclusive Interviews

  • Premium consulting

  • Electronic version of the diary + archive

  • Electronic version of jourls + archive

Subscription for 1 crown

“There were opinions that real estate prices are falling. However, we cannot fully agree with this. It is true that some properties in some places have become cheaper by more than ten percent. However, if we look at the market as a whole, real estate prices have fallen very slightly,” says Jiri Sikora, mortgage alyst at Fincentrum & Swiss Life Select. No major changes are expected this year either.

“Price reductions will only be margil,” adds Sikora, adding that despite developers’ claims, a slight price reduction can still be expected in the case of new builds.

Great Czech disappointment.  Falling house prices rob people of their last livelihood, leaving only taxes and death
Lost numbers

Great Czech disappointment. Falling house prices rob people of their last livelihood, leaving only taxes and death

“I do not expect Armageddon at the level of fil ownership of apartments. Real estate is often burdened with mortgages, and banks know how to deal with that,” Tomasz Raska, founder and majority owner of investment group Natland, told E15 newspaper in December.

The lack of motivation from banks to support business was reflected in the mortgage rates with which banks entered the new year. January’s average interest rate of 6.34% means mortgage prices are unchanged from December, according to the Fincentrum Hypoindex, when banks do not expect an influx of new rate-sensitive applicants.

From a golden jacket to a jumpsuit.  Speculators are leaving Czech dachas, the job is done
Lost numbers

From a golden jacket to a jumpsuit. Speculators are leaving Czech dachas, the job is done

“We will have to wait until at least the third quarter of the new year for a significant decline,” says Mikhaela Pudilova, credit alyst at Broker Consulting. Even December brought a slight increase in prices. For example, according to the December Broker Consulting Index, average rates rose by two tenths of a percentage point compared to November. “In the near future, interest rates are likely to stop at the level that the Czech Natiol Bank has maintained for a long time,” predicts Pudilova.

At the same time, the possibility of discounting mortgage loans has already opened up for banks. Over the past two weeks, the costs of domestic banks to fince mortgage loans have dropped significantly. Interest rates in the interbank market are constantly falling, and the “price of money” for banks is declining, despite stable CNB interest rates and unpredictable future inflation. Thus, domestic fincial houses can fince customers’ mortgages at prices approaching the spring of last year.

Yaroslav Bukovsky: Which metro stations bring the most income to owners of Prague apartments?
Premium label

Real estate and construction

Yaroslav Bukovsky: Which metro stations bring the most income to owners of Prague apartments?

According to Thomson Reuters, banks paid about 4.8% per annum in the week before Sylvester to get ten years of money in the market. At the same time, this interest has so far fallen even below four percent. Banking “five-year plans” in December came out by almost 5.3 percent, now the interest has fallen to 4.3 percent. Thus, the costs of banks are almost a fifth lower.

At the same time, the end of last year marked the virtual collapse of the mortgage business, with mortgage loans disbursed falling more than 80 percent during November compared to the previous year.

Yaroslav Bukovsky: The Phenomenon of Domazhlitsy, or Regiol Towns Where Apartments Are the Most Expensive
Exchanges and Markets

Yaroslav Bukovsky: The Phenomenon of Domazhlitsy, or Regiol Towns Where Apartments Are the Most Expensive

“Due to a significant drop in mortgage activity, according to Dataligence.cz, the number of transactions in the real estate market is also gradually decreasing. Despite this, prices remain largely stable,” recalled Jakub Seidler, Chief Economist of the Czech Banking Association, in the December issue of ČBA Hypomonitor. In total, Czech banks provided mortgage loans worth 163 billion kroons last year, which is sixty percent less than in the record year 2021.

Source: E15

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Related