{"id":246501,"date":"2022-02-08T14:14:48","date_gmt":"2022-02-08T13:14:48","guid":{"rendered":"http:\/\/zakrasnejsivimperk.cz\/?p=246501"},"modified":"2022-02-08T14:16:06","modified_gmt":"2022-02-08T13:16:06","slug":"analyza-cs-sporitelny-kam-muze-vystoupat-sazba-z-novych-hypotek","status":"publish","type":"post","link":"https:\/\/zakrasnejsivimperk.cz\/?p=246501","title":{"rendered":"ANAL\u00ddZA \u010cS. SPO\u0158ITELNY: Kam a\u017e m\u016f\u017ee vystoupat sazba z nov\u00fdch hypot\u00e9k?"},"content":{"rendered":"

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Velk\u00e9 pozornosti se v\u00a0posledn\u00edch m\u011bs\u00edc\u00edch t\u011b\u0161\u00ed v\u00fdvoj \u00farokov\u00fdch sazeb z\u00a0nov\u00fdch hypot\u00e9k. U\u017e m\u00e1me k\u00a0dispozici ofici\u00e1ln\u00ed \u010d\u00edslo za lo\u0148sk\u00fd prosinec: 2,85 %.<\/h6>\n

\"\"Jde o \u010d\u00edslo z\u0159eteln\u011b pod hodnotami, kter\u00e9 zazn\u00edvaj\u00ed v\u00a0m\u00e9di\u00edch a jsou k nalezen\u00ed v leckter\u00e9m aktu\u00e1ln\u00edm cen\u00edku. Rozd\u00edl je d\u00e1n z\u0159ejm\u011b hlavn\u011b extr\u00e9mn\u00edm zpo\u017ed\u011bn\u00edm v\u00a0datech \u010cNB: tato data se t\u00fdkaj\u00ed smluv podepsan\u00fdch v\u00a0prosinci, jejich\u017e parametry byly ale dohodnuty o n\u011bkolik t\u00fddn\u016f, ne-li m\u011bs\u00edc\u016f d\u0159\u00edve (jist\u00e9 zpo\u017ed\u011bn\u00ed je v datech v\u017edy, ale v posledn\u00edm, z pohledu hypot\u00e9k velmi hektick\u00e9m roce nabylo extr\u00e9mn\u00edch hodnot).<\/p>\n

Jak to bude letos? Z\u00e1kladem pro rozhodov\u00e1n\u00ed bank o \u00farokov\u00e9 sazb\u011b u nov\u00fdch hypot\u00e9k s fixac\u00ed na ur\u010dit\u00fd po\u010det let je \u010dasto mezibankovn\u00ed sazba pokr\u00fdvaj\u00edc\u00ed tent\u00fd\u017e po\u010det let, p\u0159i\u010dem\u017e k\u00a0nejpopul\u00e1rn\u011bj\u0161\u00edm pat\u0159\u00ed konkr\u00e9tn\u011b p\u011btilet\u00fd horizont.<\/p>\n

N\u00ed\u017ee proto opra\u0161uji m\u016fj obl\u00edben\u00fd graf, kter\u00fd zachycuje z\u00e1vislost mezi p\u011btiletou mezibankovn\u00ed sazbou na vodorovn\u00e9 ose (t\u0159\u00edm\u011bs\u00ed\u010dn\u00ed pr\u016fm\u011br zpo\u017ed\u011bn\u00fd o dva m\u011bs\u00edce, abychom zachytili skute\u010dnost, \u017ee banky reaguj\u00ed na tr\u017en\u00ed sazby se zpo\u017ed\u011bn\u00edm) a pr\u016fm\u011brnou sazbou z\u00a0nov\u00fdch hypot\u00e9k na ose svisl\u00e9, a to pro ka\u017ed\u00fd m\u011bs\u00edc od za\u010d\u00e1tku roku 2017.<\/p>\n

\u010cerven\u00e9 te\u010dky zachycuj\u00ed v\u00fdvoj v\u00a0roce 2021 (v\u00fdvoj byl hezky jednosm\u011brn\u00fd: leden je nejv\u00edc vlevo, prosinec nejv\u00edc vpravo).<\/p>\n

\"\"\u010cerven\u00fd krou\u017eek v\u00a0prav\u00e9 horn\u00ed \u010d\u00e1sti grafu vyjad\u0159uje v\u00fdhled pro leto\u0161ek \u2013 nazna\u010duje, kde zhruba bude vrchol stoupan\u00ed hypote\u010dn\u00ed sazby (m\u011bl by nastat cca na konci jara tohoto roku, kdy u\u017e se tak\u00e9 nejsp\u00ed\u0161 vytrat\u00ed v\u00fd\u0161e zv\u00fd\u0161en\u00e9 extr\u00e9mn\u00ed zpo\u017ed\u011bn\u00ed) za p\u0159edpokladu, \u017ee na tomto trhu nedo\u0161lo v posledn\u00ed dob\u011b oproti let\u016fm 2017-2021 k\u00a0n\u011bjak\u00e9mu struktur\u00e1ln\u00edmu zlomu (nap\u0159\u00edklad \u017ee n\u011bkter\u00e9 banky bojuj\u00edc\u00ed v uplynul\u00fdch letech o vy\u0161\u0161\u00ed pod\u00edl na trhu budou v tomto boji pokra\u010dovat). Jak vidno, pr\u016fm\u011brn\u00e1 sazba z\u00a0nov\u00fdch hypot\u00e9k (s 5letou fixac\u00ed) by m\u011bla vystoupat na \u00farove\u0148 kolem 4,5 %.<\/p>\n

Tento v\u00fdhled je ov\u0161em podm\u00edn\u011bn na\u0161\u00ed progn\u00f3zou 5let\u00fdch mezibankovn\u00edch sazeb, a ta je zase podm\u00edn\u011bna p\u0159edpokladem, \u017ee \u010cNB dnes zv\u00fd\u0161\u00ed sazby o 0,75 %, pot\u00e9 u\u017e repo zvy\u0161ovat nebude a ke konci leto\u0161n\u00edho roku ho za\u010dne zase sni\u017eovat.<\/p>\n

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Michal SKO\u0158EPA,\u00a0ekonom \u010cesk\u00e9 spo\u0159itelny a \u010dlen V\u00fdboru pro rozpo\u010dtov\u00e9 progn\u00f3zy<\/strong><\/p>\n

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  Velk\u00e9 <\/p>\n","protected":false},"author":2,"featured_media":216005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[19],"tags":[],"jetpack_featured_media_url":"https:\/\/zakrasnejsivimperk.cz\/wp-content\/uploads\/2021\/02\/16\/\u010desk\u00e1-spo\u0159itelna-logo.png","_links":{"self":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts\/246501"}],"collection":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246501"}],"version-history":[{"count":3,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts\/246501\/revisions"}],"predecessor-version":[{"id":246688,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/posts\/246501\/revisions\/246688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=\/wp\/v2\/media\/216005"}],"wp:attachment":[{"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zakrasnejsivimperk.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}