Development and the current situation of the mortgages for the Czech households

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F16%3A50004911" target="_blank" >RIV/62690094:18450/16:50004911 - isvavai.cz</a>

Result on the web

<a href="http://is.muni.cz/do/econ/sborniky/2016/EFS2016-Proceedings_final_September_19_final.pdf" target="_blank" >http://is.muni.cz/do/econ/sborniky/2016/EFS2016-Proceedings_final_September_19_final.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Development and the current situation of the mortgages for the Czech households

Original language description

The paper is focused on the specialized financial product, esp. on mortgages that are the most often used products in the field of own housing financing in the Czech Republic. These products provide selected banks on the Czech market. The aim of the paper is to analyze the situation on the financial market focused on the mortgages. The organization of the paper is as follows: firstly a theoretical background with a review of the literature is provided, then research methodology is described, the key part brings results of development of mortgages according to the purpose of use since 2005, development of interest rates and the analysis of the current situation on the mortgage market. Interest rates on mortgage loans have on the Czech market downward trend. Statistical data suggest that people are not afraid to borrow money after the economic crisis and invest more in housing funds. Hypoteční banka was classified as the main player on the market closely followed by Česká spořitelna and Komerční banka. The article is based on primary and secondary sources. A detailed research together with the analysis and critical assessment of accessible materials will enable to identify the main objectives in the field of study. The analysis of the initial state will consequently enable to identify the key factors and knowledge.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

European financial systems 2016

ISBN

978-80-210-8308-0

ISSN

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e-ISSN

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Number of pages

8

Pages from-to

234-241

Publisher name

Masarykova univerzita

Place of publication

Brno

Event location

Brno: Masaryk University

Event date

Jun 27, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000385692200030