Regression Analysis of Mortgage Loans on the Czech Banking Market

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25530%2F17%3A39912002" target="_blank" >RIV/00216275:25530/17:39912002 - isvavai.cz</a>
Alternative codes found
RIV/62690094:18450/17:50013704
Result on the web
<a href="http://www.lef-tul.cz/sekce/LEF_2017.pdf" target="_blank" >http://www.lef-tul.cz/sekce/LEF_2017.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Regression Analysis of Mortgage Loans on the Czech Banking Market
Original language description
The average interest rate fell below 2% in March 2016, and up to now (February 2017) has not been exceeded. The lowest interest rates were applied in November and December. These interest rates amounted to 1.77%, and hence began to rise slightly. High interest of clients in mortgage loans continues due to the low interest rates and the announced reduction in LTV from 95 to 90%. Total number of contracts and their volume still increases. This growing trend is not significantly af-fected by the rising price of real estate or the entry of the new Consumer Credit Act which deals with the early repayment of mortgage loans. Yet, banks and clients ex-pect growth of average interest rates. The aim of the article is to analyse the devel-opment of average interest rate of mortgage loans with an emphasis on their devel-opment in individual regions. This paper aims to create a regression model for the amount of mortgage loans and interest rate including their analysis. Correlation analysis demonstrates the level of dependency of the amount of loans on the interest rate. According to the regression model, average mortgage amount is expected to grow; conversely, the average interest rate is expected to decrease.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Liberec Economic Forum 2017 : proceedings of the 13th International Conference
ISBN
978-80-7494-349-2
ISSN
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e-ISSN
neuvedeno
Number of pages
9
Pages from-to
19-27
Publisher name
Technická univerzita v Liberci
Place of publication
Liberec
Event location
Liberec
Event date
Sep 11, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000426486500002

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