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Mortgages Have Stopped Getting Cheaper. on the Contrary, Offer Rates Have Increased Slightly.

Summary by Novinky.cz
Those interested in purchasing their own home may encounter an unpleasant change at the beginning of July. After a long time, banks have stopped making mortgages cheaper. The average offer rate according to the Swiss Life Hypoindex indicator even increased by a tenth of a percentage point to 5.03 percent. The increase was due, for example, to the end of promotional offers with which financial houses attracted new clients.

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Those interested in purchasing their own home may encounter an unpleasant change at the beginning of July. After a long time, banks have stopped making mortgages cheaper. The average offer rate according to the Swiss Life Hypoindex indicator even increased by a tenth of a percentage point to 5.03 percent. The increase was due, for example, to the end of promotional offers with which financial houses attracted new clients.

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The beginning of July brought an unexpected surprise to those interested in a mortgage. After two months of falling mortgage rates, there was a slight turnaround. At the beginning of July, the average offer rate according to the Swiss Life Hypoindex increased from June's 4.94% to 5.03%. It has thus returned above the five percent mark. However, banks are fighting for clients. However, a lower rate can be negotiated in real terms.

·Čestlice, Czechia
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Novinky.cz broke the news in on Tuesday, July 8, 2025.
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