Soaring inflation in Czechia is dashing young people's hopes of homeownership
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As inflation increases in Czechia, so do mortgage interest rates, making the real estate market even more inaccessible to young people.
Czech National Bank raises interest rates to highest level since 1999
Plus: State-paid health insurance contributions to drop, PPF selects new boss, and a new poll says most Czechs think good coffee is an important job perk.
Mortgages are becoming a luxury item in the Czech Republic
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Interest rate hikes are pricing people out of getting a mortgage, and more increases are coming.
Czech mortgages and rents set for dizzying increases due to inflation
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Inflation is having a dramatic impact on the Czech real estate market, with buyers and renters set to suffer most.
Czech mortgage rates increase dramatically as inflation kicks in
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Mortgage rates saw their biggest increase since 2003 as a result of National Bank measures to tackle inflation.
Buyers rush to beat rising mortgage interest rates in Czechia
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As inflation causes significant increases in mortgage interest rates, should you buy now to beat further price rises?
Czech daily news roundup: Thursday, January 6, 2022
Man arrested over bomb threat at Prague Castle, mortgage holders can claim emergency energy benefit, Investor Index shows returns for Czech funds in 2021.
Czech daily news roundup: Friday, December 17, 2021
Government change takes place today, cost of mortgages continues to rise, controversy erupts over Czech Radio appointment.
Czech mortgage rates rise due to inflation, may hit 5 percent next year
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Recent rate hikes by the Czech National Bank are starting to be reflected on the mortgage market.
Czech mortgage rates set to soar after historic interest rate hike
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The Czech National Bank has delivered another shock with an interest rate hike of 1.25 percent, the biggest in 24 years.
Interest rates for mortgages rise after controversial National Bank move
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After the Czech National Bank raised base interest rates by more than expected, interest rates are increasing for mortgage loans.
Czech National Bank shocks economists with biggest interest rate hike since 1997
The base rate increased by 0.75 percent to 1.5 percent, due to rising inflation which is outstripping the Central Bank’s expectations.
Czech morning news in brief: Top headlines for September 3, 2021
Prague's National Museum celebrates return of the whale, ruling ANO party launches election campaign, more than 700 heritage sites to open in September.
Mortgage interest rates increase amid rising real estate and construction costs
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Rates expected to keep rising as Czech National Bank combats rising inflation during record year for mortgage providers.
Volume of Czech mortgages in the first quarter of 2021 sets a new record
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March was the best month ever in terms of numbers and volumes of mortgages, but interest rates are rising.
Czech morning news in brief: top stories for Feb. 1, 2021
Czech Health Minister may leave post, hundreds protest against anti-COVID restrictions, frost turns to spring-like temps this week.
Czech morning news in brief: top stories for Jan. 15, 2021
A new record for the mortgage market, an increase in incidents for firefighters and a Czech zoo is helping to save endangered rhinos.
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