Mortgage Rates Rise for Sixth Consecutive Month
6 Articles
6 Articles
Mortgage interest rates have been rising continuously for half a year. At the beginning of September, the average offer rate according to the Swiss Life Hypoindex rose to 5.51 percent, month-on-month by 0.09 percent. Clients of Czech banks cannot expect any improvement in the following months either. Banks will mainly offer discounts individually.
The average mortgage rate rose by 0.09 percentage points month-on-month to 5.51 percent at the beginning of September. It increased for the sixth time in a row and reached its highest level since the summer of 2024. This is according to data from the Swiss Life Hypoindex, which is compiled based on the offer rates at the beginning of each month. The methodology reflects the current average offer rate for a mortgage loan for 80 percent of the pro…
Experts expected that the increase in mortgage prices would continue, and their forecast is coming true. Mortgage prices have been rising for the sixth month in a row. In September, the average interest rate according to the Swiss Life Hypoindex rose to 5.51%. Although the fall may bring greater competition between banks and targeted discounts, experts do not expect rates to return to below five percent across the board.
Prague - The average mortgage rate rose by 0.09 percentage points month-on-month to 5.51 percent at the beginning of September. It increased for the sixth time in a row and reached its highest level since the summer of 2024. This is according to data from the Swiss Life Hypoindex, which is compiled based on offer rates at the beginning of each month. The methodology reflects the current average offer rate for a mortgage loan for 80 percent of th…
Mortgages continue to rise in price. According to Swiss Life Hypoindex analysts, autumn may bring discounts, but they do not expect rates to return to below five percent across the board.
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