Authors : Martina Hedvicakova and Alena Pozdilkova
Abstract: After the financial crisis ended there was also a revival in the mortgage market. Since, 2013 there has been a growth in the number of contracts concluded and at the same time the amount of mortgage loans increase. The interest rates fell too and in July 2016 they recorded 1.88% their lowest historical value and according to, predictions they are supposed to decrease even further. In the last quarter of 2016 The Czech National Bank predicts a slow rise in interest rates. The study deals with the history and development of the mortgage market in The Czech Republic focusing on the current year 2016 and the analysis of development over the summer months compared with the previous years. This study aims to create a regression model for the amount of mortgage loans and interest rate including their analysis. Using correlation analysis to demonstrate the level of dependency of the amount (values) of loans in the year 2015-2016 on the interest rate.
Martina Hedvicakova and Alena Pozdilkova, 2018. The Development of Mortgage Loans with Using Regression Analysis. Journal of Engineering and Applied Sciences, 13: 7003-7007.