Number and volume of new mortgages granted without refinancing and increases
12.4
thousand; ytd
Number this year
56.7
CZK billion; ytd
Volume this year
Number and volume of new mortgages granted without refinancing and increases
Comments
CBA Hypomonitor: February continued with a temporary boom in mortgages, at a rate of 4.46%.
February ranked among the five strongest mortgage months ever in terms of volume in billions of crowns, but also with a continued strong number of new mortgage originations.
CNB tightens conditions for investment mortgages: 9% impact or necessary redistribution of demand?
Comment by Jaromír Šindel, Chief Economist of the CBA: The Central Bank, through stricter requirements in the form of recommendations for investment mortgages, has decided to make a modest effort to correct mortgage demand on the real estate market, which remains very tight in terms of prices, mainly due to the supply side - see the drop in building permits.
CBA Hypomonitor: April stabilized strong mortgage rates at 4.65%
Despite the slight correction, April continued to see strong volumes of new mortgages supported by another slight decline in the average mortgage rate to 4.65%.
CBA Hypomonitor: Spring mortgage boom with a slight drop in interest rates
March continued to see strong new mortgage volumes supported by another slight fall in the average rate to 4.68%