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People want to save, so there is a rush to buy in banks. In the spring of 2022, financial institutions are particularly interested in one initiative. That is mortgage refinancing. One percent interest is gradually becoming a thing of the past, and credit owners want to postpone the period when credit prices will rise.
Today, the situation has reversed and the topic has virtually disappeared from the financial world. They are the reason High interest rates. Interested parties will rarely find a better offer on the market.
According to the Financial Compass, the average amount of the most popular bonds (i.e. three-year and five-year bonds) is 4 percent or more. Therefore, if you are paying off your loan at an interest rate below this figure, it is not worth changing its parameters.
Again, we will use the data from the above agencies to help us. If you are paying off a $100,000 loan you took out…
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01 – Modified: 2024-08-09 14:39:17 – Feat: 1 – Title: After Tatra Bank, another player cuts mortgage interest. Loans fall to four percent02 – Modified: 2024-08-03 08:58:54 – Feat: 1 – Title: Lagarde’s autumn dilemma? The signal should have been sent to the market already in September, but experts saw another scenario (HN survey)03 – Modified: 2024-07-31 14:29:34 – Feat: 1 – Title: The first recession since the pandemic. Banks’ profits are falling, they blame the government for this, but this sends a clear message to them04 – Modified: 2024-07-24 08:03:59 – Feat: 1 – Title: Slovaks cool off in air-conditioned banks. However, they did not calm down, they were tempted by the appetite for credit 05 – Modified: 2024-07-18 13:57:09 – Feat: 1 – Title: Spectacular interest rate reversal stalls. Lagadova puts the brakes on the market after the first mortgage discount and cuts
01 – Modified: 2024-08-14 13:38:04 – Feat: – Title: Slovak companies see transition to emission-free economy mainly as a risk, warns the National Statistical Office02 – Modified: 2024-08-13 22: 00:00 – Feat: – Title: Bears are driven out of the market by angry bulls. Asian, European and American stock markets are rising after crashing03 – Modified: 2024-08-13 12:11:45 – Feat: – Title: Poland’s central bank may cut interest rates as early as next year04 – Modified: 2024-08-13 10:15:51 – Feat: – Title: Almost a third of Slovaks get their first mortgage before the age of thirty05 – Modified: 2024-08-12 22:00:41 – Feat: – Title: A credit hurricane here? Experts are clear on this, but banking giants still have the final say
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