Foot reductions? Not for all borrowers
Hypotek holders with a fixed foot may not benefit from foot reductions. The installments will remain unchanged. What can the banks do?
More and more indicates that the Monetary Policy Council will decide to lower interest rates, which is already reflected in WIBOR indicators. Over the past weeks, WIBOR 3M has lowered by 0.4 percentage points, and WIBOR 6M by 0.6 percentage points, which translates into a decrease in the interest rate on mortgage loans.
For people planning to buy an apartment, it is positive news – the interest rate on mortgage loans decreases, both those with variable and periodically a fixed interest rate. Banks, anticipating further rate reductions, update offers – in some cases the interest rate on loans has fallen below 6 % and even below 5 percent. in promotional offers.
A permanent footing half -tip of
However, people who already pay loans with a period of percentage percentage have less reasons for joy. In their case, the installment will not change until the end of the fixed interest rate set in the contract – usually five or seven years. Such loans have gained immense popularity in the last two years. In 2023 they accounted for 72 percent. new contracts, and in 2024 – as much as 80 percent
People who have taken loans at higher feet can now feel frustration – especially if the interest rate difference is several percentage points. What can you do in this situation? The possibilities are limited. Experts point to two paths: negotiations with the current bank or refinancing in another institution. Banks, however, are reluctant to approach the changes, citing contracts.
Customers count on the flexibility of banks
Some analysts do not exclude, however, that competitive pressure and customer dissatisfaction may lead banks to a more flexible approach – especially where the commission for prior repayment of the commitment is not required.
