Increasing of mortgage interest rates continues, You can refinance up to two years ahead
Increasing of mortgage interest rates continues, on the other hand to refinance is possible up to two years ahead.
the Czech National Bank (CNB) has increased the basic interest rate by 0.25% at the end of June
The average mortgage rate has increased since December 2016 approximately by 1,0%. Another increasing of mortgage interest rates can be expected due to the last increasing in the CNB's rates.
Since July one more bank is able to refinance up to two years in advance.
We have 4 banks that are able to refinance your mortgage 2 years before the fixed period of current mortgage.
the cases when you can get guaranty of current mortgage interest rates, e.g. :
- fixation expires next year in 2019
- fixation expires till August 2020
If you wait to next year you will have higher interest rates. So if you have already mortgage and your fixed period ends next year let us know. We can help you to get a guaranty of lower interest rate