Economists, companies and consumers are still coming to grips with the Czech Central Bank’s shock interest rate hike from last week. Those with no time to spare are bank clients who took out mortgages with a 5-year fixation in 2017, or anyone else whose rates change next year. David Eim (Gepard Finance) told SeznamZpravy that rates in 2016 and 2017 averaged around 2.1%, meaning that many people will have signed on to mortgages at below 2%. Already, they’ll be unable to find offers below 3.59%, while some will struggle to do better than . . .
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