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Mortgages Today: Interest Rates Are Falling, Home Prices Are Soaring. Should You Buy Now or Wait?
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Average interest rates on new mortgages in Slovakia this summer and autumn have reached around 3.6 to 3.7 percent, which is significantly less than a year ago. At the same time, housing prices continue to rise, by more than 11 percent year-on-year in the second quarter. Banks are cutting rates and the volume of new loans jumped by 68 percent in August compared to last year. The market is waking up and buyers are solving the dilemma: buy now or w…
·Bratislava Region, Slovakia
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