{"id":18531,"date":"2026-03-09T06:33:08","date_gmt":"2026-03-09T06:33:08","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/18531\/"},"modified":"2026-03-09T06:33:08","modified_gmt":"2026-03-09T06:33:08","slug":"zlevnovani-hypotek-se-prakticky-zastavilo-hrozi-dalsi-rust-sazeb","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/18531\/","title":{"rendered":"Zlev\u0148ov\u00e1n\u00ed hypot\u00e9k se prakticky zastavilo. Hroz\u00ed dal\u0161\u00ed r\u016fst sazeb"},"content":{"rendered":"

Pr\u016fm\u011brn\u00e1 nab\u00eddkov\u00e1 sazba hypot\u00e9k v\u00a0\u010cesku v\u00a0b\u0159eznu m\u00edrn\u011b klesla. Podle aktu\u00e1ln\u00edch dat ukazatele Swiss Life Hypoindex se sn\u00ed\u017eila na 4,89\u00a0procenta. Jde ale jen o\u00a0kosmetickou zm\u011bnu a\u00a0dal\u0161\u00ed v\u00fdrazn\u00e9 zlev\u0148ov\u00e1n\u00ed \u00fav\u011br\u016f na bydlen\u00ed zat\u00edm odborn\u00edci ne\u010dekaj\u00ed. V\u00fdvoj mohou ovlivnit p\u0159edev\u0161\u00edm inflace, ceny energi\u00ed nebo situace na finan\u010dn\u00edch trz\u00edch.<\/p>\n

\u201eZa\u010d\u00e1tek jara b\u00fdv\u00e1 obdob\u00edm, kdy banky na hypote\u010dn\u00edm trhu zvy\u0161uj\u00ed aktivitu a\u00a0sna\u017e\u00ed se p\u0159il\u00e1kat nov\u00e9 klienty atraktivn\u011bj\u0161\u00ed nab\u00eddkou. Jde o\u00a0pom\u011brn\u011b pravideln\u00fd sez\u00f3nn\u00ed efekt, kter\u00fd lze na hypote\u010dn\u00edm trhu pozorovat prakticky ka\u017ed\u00fd rok,\u201c \u0159\u00edk\u00e1 Ji\u0159\u00ed S\u00fdkora, hypote\u010dn\u00ed analytik spole\u010dnosti Swiss Life Select.<\/p>\n

Podle n\u011bj je z\u00e1rove\u0148 d\u016fle\u017eit\u00e9 p\u0159ipomenout, \u017ee hypot\u00e9ky se pod hranici p\u011bti procent dostaly u\u017e na podzim lo\u0148sk\u00e9ho roku a\u00a0od t\u00e9 doby se dr\u017e\u00ed t\u011bsn\u011b pod touto \u00farovn\u00ed.<\/p>\n

\u201eV posledn\u00edch m\u011bs\u00edc\u00edch tak sledujeme sp\u00ed\u0161e velmi pozvoln\u00fd pokles ne\u017e v\u00fdrazn\u011bj\u0161\u00ed zm\u011bny. Ve srovn\u00e1n\u00ed s\u00a0lety 2022\u00a0a\u017e 2024\u00a0je v\u0161ak sou\u010dasn\u00e1 situace p\u0159ece jen v\u00fdrazn\u011b p\u0159\u00edzniv\u011bj\u0161\u00ed. Tehdy se toti\u017e sazby hypot\u00e9k pohybovaly v\u00fdrazn\u011b nad p\u011bti procenty a\u00a0v n\u011bkter\u00fdch m\u011bs\u00edc\u00edch dokonce p\u0159esahovaly i\u00a0\u0161est procent,\u201c dod\u00e1v\u00e1 S\u00fdkora.<\/p>\n

Na efekt jara a\u00a0rostouc\u00ed z\u00e1jem dom\u00e1cnost\u00ed o\u00a0financov\u00e1n\u00ed rekonstrukc\u00ed nebo v\u00fdstavby poukazuje tak\u00e9 hypote\u010dn\u00ed analyti\u010dka spole\u010dnosti Sirius Finance Lucie Dr\u00e1salov\u00e1.<\/p>\n

\u201eBl\u00ed\u017e\u00ed se jaro, co\u017e je z\u00a0pohledu popt\u00e1vky \u00fav\u011br\u016f na rekonstrukce a\u00a0na v\u00fdstavbu pom\u011brn\u011b siln\u00e9 obdob\u00ed. D\u00e1 se tak o\u010dek\u00e1vat, \u017ee banky trh podpo\u0159\u00ed individu\u00e1ln\u00ed marketingovou akc\u00ed, nap\u0159\u00edklad odhadem nebo \u010derp\u00e1n\u00edm zdarma,\u201c dod\u00e1v\u00e1 Dr\u00e1salov\u00e1.<\/p>\n

Spl\u00e1tka hypot\u00e9ky u\u017e klesla o\u00a0tis\u00edce<\/p>\n

Aktu\u00e1ln\u00ed m\u00edrn\u00fd pokles sazeb se prom\u00edt\u00e1 do m\u011bs\u00ed\u010dn\u00edch spl\u00e1tek. U\u00a0modelov\u00e9ho hypote\u010dn\u00edho \u00fav\u011bru ve v\u00fd\u0161i 3,5\u00a0milionu korun sjednan\u00e9ho do 80\u00a0procent hodnoty nemovitosti se splatnost\u00ed 25\u00a0let \u010din\u00ed p\u0159i pr\u016fm\u011brn\u00e9 sazb\u011b 4,89\u00a0procenta m\u011bs\u00ed\u010dn\u00ed spl\u00e1tka zhruba 20\u00a0240\u00a0korun.<\/p>\n

Oproti situaci p\u0159ed t\u0159emi lety je tak spl\u00e1tka ni\u017e\u0161\u00ed p\u0159ibli\u017en\u011b o\u00a0t\u0159i tis\u00edce korun m\u011bs\u00ed\u010dn\u011b.<\/p>\n

Hypote\u010dn\u00ed trh se podle analytik\u016f v\u00a0posledn\u00edch m\u011bs\u00edc\u00edch stabilizoval. Inflace v\u00a0\u010cesku postupn\u011b klesla a\u00a0\u010cesk\u00e1 n\u00e1rodn\u00ed banka v\u00a0p\u0159edchoz\u00edm obdob\u00ed sn\u00ed\u017eila z\u00e1kladn\u00ed \u00farokov\u00e9 sazby. S\u00a0ur\u010dit\u00fdm zpo\u017ed\u011bn\u00edm se tento v\u00fdvoj prom\u00edt\u00e1 tak\u00e9 do cen hypote\u010dn\u00edch \u00fav\u011br\u016f.<\/p>\n

<\/a><\/p>\n

\u201ePokud jde o\u00a0dal\u0161\u00ed v\u00fdvoj v\u00a0pr\u016fb\u011bhu roku 2026, nelze o\u010dek\u00e1vat dramatick\u00fd pokles sazeb. Banky budou reagovat jak na v\u00fdvoj z\u00e1kladn\u00edch sazeb \u010cesk\u00e9 n\u00e1rodn\u00ed banky, tak na konkurenci na hypote\u010dn\u00edm trhu. V\u00fdrazn\u011bj\u0161\u00ed zm\u011bny v\u00a0\u0159\u00e1du cel\u00fdch procentn\u00edch bod\u016f proto nejsou pravd\u011bpodobn\u00e9,\u201c uvedl Ji\u0159\u00ed S\u00fdkora.<\/p>\n

V\u00fdvoj mohou zkomplikovat energie<\/p>\n

Dal\u0161\u00ed v\u00fdvoj sazeb ale m\u016f\u017ee ovlivnit i\u00a0situace v\u00a0zahrani\u010d\u00ed. Nap\u011bt\u00ed na Bl\u00edzk\u00e9m v\u00fdchod\u011b a\u00a0r\u016fst cen ropy toti\u017e mohou znovu zv\u00fd\u0161it infla\u010dn\u00ed tlaky v\u00a0ekonomice.<\/p>\n

\u201eU\u017e del\u0161\u00ed dobu \u0159\u00edk\u00e1me, \u017ee \u00farokov\u00e9 sazby hypot\u00e9k sp\u00ed\u0161e stagnuj\u00ed. Bohu\u017eel se ale objevuje st\u00e1le v\u00edce faktor\u016f, kter\u00e9 by je mohly znovu posunout sm\u011brem nahoru. Kl\u00ed\u010dovou roli hraje inflace v\u00a0\u010cesku. Od n\u00ed se odv\u00edjej\u00ed takzvan\u00e9 \u00farokov\u00e9 swapy, tedy zjednodu\u0161en\u011b \u0159e\u010deno cena pen\u011bz pro banky. A\u00a0pr\u00e1v\u011b ty maj\u00ed velk\u00fd vliv na to, jakou \u00farokovou sazbu nakonec klient u\u00a0hypot\u00e9ky dostane,\u201c \u0159\u00edk\u00e1 Tom Kade\u0159\u00e1bek, vedouc\u00ed produktov\u00e9ho odd\u011blen\u00ed Swiss Life Select.<\/p>\n

Podle n\u011bj mohou zdra\u017euj\u00edc\u00ed energie znovu zv\u00fd\u0161it celkov\u00e9 cenov\u00e9 tlaky v\u00a0ekonomice. Pokud by inflace za\u010dala r\u016fst, mohlo by to dal\u0161\u00ed zlev\u0148ov\u00e1n\u00ed hypot\u00e9k rychle zastavit.<\/p>\n

<\/a><\/p>\n

\u201ePro hypot\u00e9ky to znamen\u00e1 jedin\u00e9. Banky se v\u00a0nejbli\u017e\u0161\u00ed dob\u011b do v\u00fdrazn\u00e9ho zlev\u0148ov\u00e1n\u00ed hn\u00e1t nebudou. Naopak se objevuj\u00ed rizika, \u017ee by sazby mohly j\u00edt sp\u00ed\u0161e opa\u010dn\u00fdm sm\u011brem. A\u00a0ani \u010cesk\u00e1 n\u00e1rodn\u00ed banka pravd\u011bpodobn\u011b nebude se sni\u017eov\u00e1n\u00edm sv\u00fdch sazeb sp\u011bchat,\u201c dod\u00e1v\u00e1 Kade\u0159\u00e1bek.<\/p>\n

Na vliv ceny pen\u011bz pro banky upozor\u0148uje tak\u00e9 Dr\u00e1salov\u00e1. \u201eT\u0159\u00ed-\u00a0i\u00a0p\u011btilet\u00e9 \u00farokov\u00e9 swapy (IRS), kter\u00e9 v\u00a0pr\u016fb\u011bhu \u00fanora klesaly, od po\u010d\u00e1tku b\u0159ezna pom\u011brn\u011b strm\u011b rostou. Moment\u00e1ln\u011b tedy neo\u010dek\u00e1v\u00e1m sni\u017eov\u00e1n\u00ed \u00farok\u016f. Sp\u00ed\u0161e budeme r\u00e1di, kdy\u017e banky sv\u00e9 aktu\u00e1ln\u00ed sazby udr\u017e\u00ed,\u201c dod\u00e1v\u00e1.<\/p>\n","protected":false},"excerpt":{"rendered":"Pr\u016fm\u011brn\u00e1 nab\u00eddkov\u00e1 sazba hypot\u00e9k v\u00a0\u010cesku v\u00a0b\u0159eznu m\u00edrn\u011b klesla. Podle aktu\u00e1ln\u00edch dat ukazatele Swiss Life Hypoindex se sn\u00ed\u017eila na…\n","protected":false},"author":2,"featured_media":18532,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[10],"tags":[17,21,9318,9317,1984,686,16,18,19,22,684,20],"class_list":["post-18531","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zpravy","tag-headlines","tag-hlavni-udalosti","tag-hypoindex","tag-hypotecni-uver","tag-hypoteky","tag-inflace","tag-news","tag-top-news","tag-top-stories","tag-udalosti-dne","tag-urokova-sazba","tag-zpravy"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116197825081302958","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/18531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=18531"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/18531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/18532"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=18531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=18531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=18531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}