Friday May 20, 2022

years, mortgage rates fell below 5 percent after those years

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For years, rates have broken the magical 5% threshold and continue to fall. Falling rates do not leave clients alone and the volume of mortgages provided in June has jumped above the 8 billion mark, the bank has again managed to outperform.

years mortgage rates in letonm hot lt literally taj ped oima. In June, the average rate of all mortgages fell by 2 tenths of a percentage point to 4.92 percent, with Fincentrum Hypoindex again “falling” below five percent after those years.

In the meantime, mortgages with a 5-year rate fixation fell the most in the meantime, their average rate fell by 13 basis points to 4.95 percent, but all fixed variants, including mortgages with a floating one-year rate, show a declining trend.

Mortgages with variable annual rate

An interesting phenomenon are mortgages with a variable annual rate, which gained almost 7% of thorns during the month.

The average in the year mortgage rates without fixation started in June at the level of 3.78 percent, the average average was 2,033,106 crowns.

May and June: a series of semi-annual results

As the year-on-year mortgage rates fell, banks scored with clients. In June, 4,830 clients drank to their branches, who arranged mortgages worth a total of 8.219 billion crowns.

In the meantime, banks’ production increased by 13.6 percent in the number of newly closed banks and by 15.4 percent in their volume. Compared to the same period last year, banks improved for the second time in a row, even though it was only 1.4 percent. The average amount of mortgages provided in May was 1,701,661 crowns.

T and ptilet fixation dominate

Even in June, mortgages with a fixed one-year rate for five years retained their popularity, and their share in the production of newly closed mortgages was 42 percent in the period under review. Only two percent of me wrote mortgages with a flesh fixation.

Where can you save?

Since the last results, Volksbank has decided to reduce its annual rates, which now offers mortgages with a fixed fixation and a maturity of up to 10 years of 3.99 percent and regardless of the maturity period of 4.49 percent. Clients who opt for Volksbank will also have a 50% discount on the fee for a fee before the end of July.

Mortgages without a fee for the offer are offered by Hypoten banka during the summer (July, August). In addition, clients of SOB and Hypoten banka, who apply for more than two million crowns with a maximum fixation length of five years, can get a 0.2 percent discount from the standard year rate.

Reduction of the year rate by 0.25 percent on the basis of the agreed insurance assets and insurance against the ability to meet offers until the end of August Potovn spoitelna. In addition, anyone who in the period from 1 July to 31 August under Potovn spoitelny enough for a mortgage for housing up to 85 percent of the mortgage value with a fixed rate of 3 or 5 years, will not have to pay a processing fee.

Summary for June 2010
Fixation period of the rate years all fixations 1 year 5 let
Hypoindex 4,92 % 5,28 % 4,95 %
Change from last msci (bp) -20 -4 -13
Prmrn ve hypotky (tis. K) 1 702 1 931 1 552
Msn spltka 1mil. mortgages for 20 years (K) 6 554 6 753 6 573
Msn spltka 1mil. mortgages for 15 years (K) 7 865 8 052 7 883
elovost vr:
According to vr for purchase on the total pot, incl 60 % 74 % 54%
According to vr for construction on the total sweat, incl 24 % 17 % 22 %
According to other vr on the total sweat vr 16 % 9 % 21 %

Fincentrum Hypoindex values ​​the development of mortgage prices over time. It is out of the average year rate at which providers are in a given calendar month new mortgages for individuals. The weights are the volumes provided incl. Input data for deposits is provided by the following banks: esk spoitelna, SOB, GE Money Bank, Hypoten banka, Komern banka, Raiffeisenbank, UniCredit Bank, Volksbank CZ and Wstenrot hypoten banka.

You can pette at Hypoindex.cz.

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