The 2% Mortgage Hack Explained - The Truth About Mortgage

The 2% Mortgage Hack Explained - The Truth About Mortgage

Folks on social media love coming up with so-called “hacks” to excite their followers. In the mortgage realm, this typically means highlighting math that seems unbelievable at first. And it usually revolves around paying down a mortgage ahead of schedule, much to the chagrin of the banks. For the record, the banks probably don’t care… Read More »The 2% Mortgage Hack Explained The post The 2% Mortgage Hack Explained appeared first on The Truth Ab…

Moneta Money Bank's net profit in the first quarter increased by 14 percent year-on-year to 1.5 billion crowns, and the balance sheet total of the Moneta Group exceeded 500 billion crowns for the first time. Its boss Tomáš Spurný, who has been at the helm of the bank for ten years, comments on the bank's further plans in a major interview and does not give up on the intention...

Although financial markets and the Czech National Bank are creating space for further mortgage discounts, banks are not reducing interest rates significantly. The reason is uncertainty and high demand.