Tuesday, 21 November 2017

Mortgage rates rising

Prague TV |
10 November 2017

Banks have responded to the Czech National Bank's recent increase in the basic interest rates. Česká spořitelna on Nov. 6 raised mortgage rates, with Komerční banka following on Nov. 8. Hypoteční banka will join in Nov. 13. The era when it was possible to get the rate under 2% percent in the ČR is at an end, analysts say.