Banks play delay again. Mortgage promotions do not impress
Although the MPP cut off interest rates, the banks did not follow the blow. Summer promotions of mortgage loans are disappointing with the offer.
The July decision to reduce interest rates did not bring clear changes in the promotional offers of mortgage loans. Although the Monetary Policy Council has decided, which should theoretically reduce the cost of financing, the banks remained under almost unchanged conditions. According to Bankier.pl, at the beginning of August, the list of institutions conducting promotional shares is no different from that of July. The movements in the margins are small and you cannot indicate a clear trend – in some banks the margins dropped slightly, in others they increased.
Banks promotions
mBank launched a new campaign “From today at home edition 1” with an offer for floating percentage loans in force until October 22, 2025. Promotional conditions depend on the customer segment. For the Intensive group, margins are 1.86 pp. (LTV ≤ 80 percent) and 2.31 pp. (LTV> 80 percent). Customers from the Active segment will pay 1.96 pp. or 2.41 pp. Insurance and specific revenues on the account are required. The stakes “permanently at home” are 0.02 pp. lower than a month ago.
PKO Bank Polski still offers discounts as part of the “NEW HOUSE” angle. There is a reduction in margins and interest rates, as well as discounts for families with a large family card. Refinancing a loan from another bank is associated with a zero commission.
Alior Bank continues the “Own M HEAD where you” without a specific ending date. Borrowers must meet a number of conditions to use the 2.19 or 2.39 pp margin. and commission 0 percent The offer includes both variable and fixed interest rates.
Slight discounts
The promotion “Summer at home” is underway in ING Bank Śląski until August 24. Customers can count on a fixed interest rate of 6.36 percent. (“Easy start”) or 6.31 percent (“Light installment”) and sufficiently lower margins at the floating percentage variant. Compared to July, the rates fell by 0.05-10.09 pp.
Bank BPS maintains the promotion “Neighborly” until further notice, no longer than until September 30. The condition for using lower financing costs is, among others conclusion of insurance contracts. The variable interest rate is 2.09 pp. margin and 0 percent commissions, while with an ecological investment you can gain a margin of 0 pp for half a year. In the case of a fixed interest rate, the rate is currently 6.15 percent.
