Hypomonitor: Fewer mortgages granted in April

Banks and building societies granted mortgages worth CZK 32.2 billion in April, a decrease of almost two percent compared to March. New loans excluding refinancing fell by four per cent to CZK 26 billion. Interest rates continued to decline slightly in March, falling from an average of 4.68 per cent to 4.65 per cent, according to statistics from the Czech Banking Association Hypomonitor.