The Czech National Bank is sending out vague signals of its future policy plans, but the influential daily Mlada fronta Dnes says the best time to take out a mortgage may be approaching. Already, the CNB reduced its primary interest rates over the summer to just 0.5 percent, but Singer told the daily that this could be reduced still further. Other methods are also being considered, including the bank intervening in the foreign exchange market (in other words, drive the price of the koruna down), or the option of the bank accepting a wider range of asset as collateral.
