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Hopes for Cheaper Mortgages in the Czech Republic Are over. Rates Have Reached a New High.
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Should people with mortgages worry about further interest rate increases? Experts' warnings about the return of high inflation are causing concern. Currently, further increases are minimal - the average mortgage offer rate rose to 5.19 percent in May, a month-on-month increase of one-tenth of a percentage point. Global conflicts, expensive oil and uncertainty in financial markets have pushed rates above the five percent mark. They will be hard t…
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