Regression Analysis of Mortgage Loans on the Czech Banking Market

Kód výsledku v 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>

Nalezeny alternativní kódy

RIV/62690094:18450/17:50013704

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

Regression Analysis of Mortgage Loans on the Czech Banking Market

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Regression Analysis of Mortgage Loans on the Czech Banking Market

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Liberec Economic Forum 2017 : proceedings of the 13th International Conference

ISBN

978-80-7494-349-2

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

9

Strana od-do

19-27

Název nakladatele

Technická univerzita v Liberci

Místo vydání

Liberec

Místo konání akce

Liberec

Datum konání akce

11. 9. 2017

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000426486500002