Average mortgage interest rate in Czechia 2017-2023, per quarter
The mortgage interest rate in Czechia increased between the first quarter of 2017 to its highest in the fourth quarter of 2022. Factors that influence mortgage interest rates are inflation, economic growth, monetary policies, the bond market, the stability of lenders, and the overall conditions of the housing market. In the second quarter of 2023, the average mortgage interest rate in Czechia was six percent. In the same period, Poland and Hungary were among the countries with the highestĀ mortgage interest rates in Europe.