The rules of the debt brake change – the MNB writes on Wednesday. The central bank also negotiated with market participants and the European Central Bank before introducing the new rules.
From 1 October, the MNB will set an upper limit for the income-dependent payment and try to induce borrowers to abstain from floating interest rates, since raising interest rates often causes problems with monthly repayments. The Communication stresses that the central bank will continue to encourage fixed-income mortgages as they support more predictable loans for home loans and sustainable loans to households.
Read more about this subject here.