{"id":46883,"date":"2026-04-06T10:18:11","date_gmt":"2026-04-06T10:18:11","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/46883\/"},"modified":"2026-04-06T10:18:11","modified_gmt":"2026-04-06T10:18:11","slug":"komentar-proc-nam-opet-zdrazuji-hypoteky","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/46883\/","title":{"rendered":"Koment\u00e1\u0159: Pro\u010d n\u00e1m op\u011bt zdra\u017euj\u00ed hypot\u00e9ky?"},"content":{"rendered":"<p class=\"e_bV\">Tato dek\u00e1da je snad zaklet\u00e1. U\u017e n\u011bkolikr\u00e1t to vypadalo, \u017ee by se vysok\u00e9 \u00farokov\u00e9 sazby mohly st\u00e1t minulost\u00ed, ale op\u011bt to nevy\u0161lo.<\/p>\n<p class=\"e_bV\">Nap\u0159\u00edklad v\u00a0druh\u00e9 polovin\u011b roku 2024\u00a0za\u010dala americk\u00e1 centr\u00e1ln\u00ed banka Fed sni\u017eovat sazby a\u00a0zd\u00e1lo se, \u017ee bolestiv\u00e9 obdob\u00ed vysok\u00fdch \u00farokov\u00fdch sazeb je kone\u010dn\u011b za n\u00e1mi, co\u017e by p\u0159ineslo \u0159adu pozitiv. Zlevnily by d\u00edky tomu nap\u0159\u00edklad hypot\u00e9ky nebo by se v\u00edce da\u0159ilo akci\u00edm mal\u00fdch a\u00a0st\u0159edn\u00edch firem. <\/p>\n<p class=\"e_bV\">Jen\u017ee pak se ameri\u010dt\u00ed voli\u010di rozhodli zvolit Donalda Trumpa op\u011bt prezidentem, co\u017e znamenalo zaveden\u00ed cel, a\u00a0tedy v\u00fdhled na relativn\u011b vy\u0161\u0161\u00ed inflaci. To p\u0159inutilo Fed odlo\u017eit sni\u017eov\u00e1n\u00ed sazeb a\u00a0do\u0161lo k\u00a0nav\u00fd\u0161en\u00ed v\u00fdnos\u016f dluhopis\u016f, a\u00a0tedy i\u00a0\u00farokov\u00fdch sazeb jak v\u00a0USA, tak v\u00a0Evrop\u011b. K\u00a0tomu se nabalilo zhor\u0161en\u00ed geopolitick\u00e9 situace, kter\u00e9 donutilo Evropu vyd\u00e1vat v\u00edce na zbrojen\u00ed, na co\u017e si musela p\u016fj\u010dit na dluhopisov\u00fdch trz\u00edch, co\u017e d\u00e1le zv\u00fd\u0161ilo \u00farokov\u00e9 sazby.<\/p>\n<p class=\"e_bV\">Na za\u010d\u00e1tku tohoto roku to op\u011bt vypadalo nad\u011bjn\u011b. Fed obnovil sni\u017eov\u00e1n\u00ed sazeb v\u00a0druh\u00e9 polovin\u011b roku 2025\u00a0a\u00a0chystal se v\u00a0tom pokra\u010dovat pod nov\u00fdm p\u0159edsedou Kevinem Warshem. Jen\u017ee do toho p\u0159i\u0161la krize na Bl\u00edzk\u00e9m v\u00fdchod\u011b a\u00a0zablokov\u00e1n\u00ed Hormuzsk\u00e9ho pr\u016flivu, co\u017e pravd\u011bpodobn\u011b vyvol\u00e1 energetickou krizi hor\u0161\u00ed ne\u017e v\u00a0roce 2022\u00a0a\u00a0patrn\u011b i\u00a0hor\u0161\u00ed ne\u017e ropn\u00e9 \u0161oky v\u00a070.\u00a0letech. Reakce dluhopisov\u00fdch trh\u016f byla opravdu svi\u017en\u00e1, do\u0161lo k\u00a0v\u00fdprodeji, a\u00a0tedy k\u00a0n\u00e1r\u016fstu dluhopisov\u00fdch v\u00fdnos\u016f. Trhy ji\u017e \u010dekaj\u00ed dv\u011b a\u017e t\u0159i zv\u00fd\u0161en\u00ed \u00farokov\u00fdch sazeb od Evropsk\u00e9 centr\u00e1ln\u00ed banky a\u00a0Fed tento rok sazby nejsp\u00ed\u0161 v\u016fbec sni\u017eovat nebude, a\u010dkoliv trhy je\u0161t\u011b p\u0159ed n\u011bkolika t\u00fddny o\u010dek\u00e1valy dv\u011b a\u017e t\u0159i sn\u00ed\u017een\u00ed sazeb.<\/p>\n<p class=\"e_bV\">Nebylo ani zat\u00edm \u201epot\u0159eba\u201c, aby centr\u00e1ln\u00ed banky zv\u00fd\u0161ily sazby jako v\u00a0letech 2021\u00a0a\u00a02022.\u00a0Trhy toti\u017e v\u017edy hled\u00ed vp\u0159ed a\u00a0zace\u0148uj\u00ed o\u010dek\u00e1van\u00e9 uta\u017een\u00ed m\u011bnov\u00e9 politiky u\u017e do sou\u010dasn\u00fdch \u00farokov\u00fdch sazeb. Nikdo nen\u00ed ochoten p\u016fj\u010dovat levn\u011b, kdy\u017e se \u010dek\u00e1 zv\u00fd\u0161en\u00ed inflace.<\/p>\n<p><a data-dot=\"mol-article-card-media\" aria-hidden=\"true\" tabindex=\"-1\" href=\"https:\/\/www.seznamzpravy.cz\/clanek\/ekonomika-byznys-reality-hypoteka-hypoteky-zacaly-znovu-zdrazovat-sance-na-slevu-tu-ale-stale-je-302727\" class=\"e_n f_lY\" rel=\"nofollow noopener\" target=\"_blank\"><img fetchpriority=\"high\" height=\"1687\"   width=\"3000\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/04\/de0f.jpeg\" loading=\"eager\" decoding=\"sync\" class=\"e_aa e_Z\"\/><\/a><\/p>\n<p class=\"e_bV\">Zvy\u0161uj\u00ed se i\u00a0mezibankovn\u00ed sazby, takzvan\u00e9 \u00farokov\u00e9 swapy, na co\u017e banky mus\u00ed reagovat zdra\u017een\u00edm hypot\u00e9k. Nap\u0159\u00edklad \u010desk\u00fd t\u0159\u00edlet\u00fd \u00farokov\u00fd swap se od za\u010d\u00e1tku b\u0159ezna zv\u00fd\u0161il o\u00a0t\u00e9m\u011b\u0159 cel\u00fd procentn\u00ed bod, z\u00a03,4\u00a0% na 4,3\u00a0%. Ani na krat\u0161\u00ed splatnosti nen\u00ed situace o\u00a0mnoho lep\u0161\u00ed, ro\u010dn\u00ed \u00farokov\u00fd swap se aktu\u00e1ln\u011b pohybuje okolo 4\u00a0%. S\u00a0t\u011bmito zv\u00fd\u0161en\u00fdmi sazbami se sazba hypot\u00e9k t\u011b\u017eko dostane pod 5\u00a0%.<\/p>\n<p class=\"e_bV\">Zv\u00fd\u0161en\u00ed o\u00a0procentn\u00ed bod se nemus\u00ed zd\u00e1t jako mnoho, ale p\u0159i pr\u016fm\u011brn\u00e9 v\u00fd\u0161i hypot\u00e9ky 4,6\u00a0milionu korun se hrub\u00fdm v\u00fdpo\u010dtem jedn\u00e1 o\u00a0nav\u00fd\u0161en\u00ed m\u011bs\u00ed\u010dn\u00ed spl\u00e1tky o\u00a03\u00a0800\u00a0K\u010d. Tato za\u010d\u00ednaj\u00edc\u00ed energetick\u00e1 krize se prom\u00edtne do \u010desk\u00fdch pen\u011b\u017eenek nejen prost\u0159ednictv\u00edm vy\u0161\u0161\u00edch cen pohonn\u00fdch hmot, \u010dasem i\u00a0vy\u0161\u0161\u00edch cen energi\u00ed a\u00a0potravin, ale u\u00a0t\u011bch ne\u0161\u0165astn\u00edk\u016f, kte\u0159\u00ed budou v\u00a0brzk\u00e9 dob\u011b refixovat, i\u00a0prost\u0159ednictv\u00edm vy\u0161\u0161\u00edch spl\u00e1tek hypot\u00e9k.<\/p>\n","protected":false},"excerpt":{"rendered":"Tato dek\u00e1da je snad zaklet\u00e1. U\u017e n\u011bkolikr\u00e1t to vypadalo, \u017ee by se vysok\u00e9 \u00farokov\u00e9 sazby mohly st\u00e1t minulost\u00ed,&hellip;\n","protected":false},"author":2,"featured_media":46884,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[1985,67,68,2165,12118,1984,13157,4130,684],"class_list":{"0":"post-46883","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-byznys","8":"tag-banky","9":"tag-business","10":"tag-byznys","11":"tag-ceska-narodni-banka-cnb","12":"tag-fed-federalni-rezervni-system","13":"tag-hypoteky","14":"tag-sazby","15":"tag-trhy","16":"tag-urokova-sazba"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116357254520062189","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/46883","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=46883"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/46883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/46884"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=46883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=46883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=46883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}