{"id":21667,"date":"2026-03-09T10:33:13","date_gmt":"2026-03-09T10:33:13","guid":{"rendered":"https:\/\/www.activ-investment.eu\/marcowa-obnizka-stop-procentowych-2026\/"},"modified":"2026-03-18T15:37:16","modified_gmt":"2026-03-18T15:37:16","slug":"marcowa-obnizka-stop-procentowych-2026","status":"publish","type":"post","link":"https:\/\/www.activ-investment.eu\/en\/marcowa-obnizka-stop-procentowych-2026\/","title":{"rendered":"March 2026 interest rate cut \u2013 what could be the next decisions of the Monetary Policy Council?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>March 2026 interest rate cut \u2013 what could be the next decisions of the Monetary Policy Council?<\/strong><\/h2>\n\n\n\n<p><strong>Early March brought important news for those planning to purchase a property as well as for borrowers. The Monetary Policy Council decided to cut the interest rates of the National Bank of Poland by 0.25 percentage points, bringing the main reference rate down to 3.75%. This is the first decision of this kind in 2026 and another step in the rate-cutting cycle that began in 2025. For the real estate market and prospective homebuyers, this means one thing above all: mortgage loans may gradually become cheaper.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/obnizka-stop-procentowych-1024x640.png\" alt=\"Obni\u017cka st\u00f3p procentowych 2026\" class=\"wp-image-21471\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/obnizka-stop-procentowych-1024x640.png 1024w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/obnizka-stop-procentowych-300x188.png 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/obnizka-stop-procentowych-768x480.png 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/obnizka-stop-procentowych.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interest rate cuts in 2026 \u2013 what is behind the March decision?<\/strong><\/h2>\n\n\n\n<p>Interest rate decisions are primarily based on the economic situation and the level of inflation. In recent months, inflation in Poland has been clearly declining and has approached the NBP\u2019s inflation target. At the same time, economists pointed out that maintaining high interest rates under such conditions could excessively limit investment and economic activity. For this reason, many analysts had expected a March rate cut even before the MPC meeting.<\/p>\n\n\n\n<p>Ultimately, the Council opted for a moderate move \u2013 a 0.25 percentage point reduction, intended to support the economy while minimizing the risk of a renewed increase in inflation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"830\" height=\"597\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/image-1.png\" alt=\"Stopa referencyjna NBP na przestrzeni lat\" class=\"wp-image-21469\" style=\"width:830px;height:auto\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/image-1.png 830w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/image-1-300x216.png 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/image-1-768x552.png 768w\" sizes=\"auto, (max-width: 830px) 100vw, 830px\" \/><figcaption class=\"wp-element-caption\"><em>Source: PAP Biznes<\/em><\/figcaption><\/figure>\n\n\n\n<p>Following the decision of the Monetary Policy Council on March 4, 2026, the National Bank of Poland\u2019s interest rates are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>reference rate: 3.75% per annum<\/li>\n\n\n\n<li>lombard rate: 4.25% per annum<\/li>\n\n\n\n<li>deposit rate: 3.25% per annum<\/li>\n\n\n\n<li>rediscount rate: 3.80% per annum<\/li>\n\n\n\n<li>discount rate: 3.85% per annum<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Are further rate cuts possible in 2026?<\/strong><\/strong><\/h2>\n\n\n\n<p>According to many economists, the March rate cut may open the door to further monetary policy easing in 2026. Declining inflation and a more stable economic environment create conditions in which additional rate cuts in the coming months become a realistic scenario.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/narodowy-bank-polski-obnizka-stop-procentowych-1024x640.png\" alt=\"NBP | Obni\u017cka st\u00f3p procentowych 2026.\" class=\"wp-image-21473\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/narodowy-bank-polski-obnizka-stop-procentowych-1024x640.png 1024w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/narodowy-bank-polski-obnizka-stop-procentowych-300x188.png 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/narodowy-bank-polski-obnizka-stop-procentowych-768x480.png 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/narodowy-bank-polski-obnizka-stop-procentowych.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Source: Galeria NBP, https:\/\/prezes.nbp.pl\/gallery\/<\/em><\/figcaption><\/figure>\n\n\n\n<p>However, this does not mean that cuts will occur quickly or regularly. Future decisions of the Monetary Policy Council will depend on many factors, including the economic situation in Poland and Europe, the pace of inflation decline, energy prices, and the exchange rate of the Polish z\u0142oty. Global developments also play a role. Fluctuations in oil prices, geopolitical tensions, or worsening sentiment in global markets may lead the MPC to act cautiously and gradually.<\/p>\n\n\n\n<p>From the perspective of the real estate market, this means one thing: although financing conditions for purchasing property may gradually improve, the situation still requires close monitoring. If the downward trend continues, the second half of 2026 may become a period of greater mortgage availability for many buyers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Interest rate cuts and the real estate market in 2026<\/strong><\/h2>\n\n\n\n<p>Interest rate cuts almost always affect the housing market. Lower borrowing costs increase financing availability, which translates into growing interest in purchasing property.<\/p>\n\n\n\n<p>As a result, several typical trends can be observed:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Higher demand for housing<\/strong> \u2013 cheaper mortgage loans allow more people to afford property purchases, increasing the number of potential buyers on both the primary and secondary markets.<\/li>\n\n\n\n<li><strong>Potential upward pressure on prices<\/strong> \u2013 if demand grows faster than supply, property prices may gradually rise.<\/li>\n\n\n\n<li><strong>Increased investor interest<\/strong> \u2013 with lower interest rates on bank deposits, part of the capital shifts to the real estate market, which is perceived as a stable investment.<\/li>\n\n\n\n<li><strong>Better conditions for new developments<\/strong> \u2013 for developers, lower interest rates mean cheaper project financing, which may encourage the launch of new investments in the coming quarters.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Check current apartment offers from Activ Investment!<\/strong><\/h2>\n\n\n\n<p>Are you planning to buy an apartment in Krak\u00f3w, Katowice, or Warsaw? Now it may be more worthwhile than ever. Discover Activ Investment developments \u2013 offering prime locations, functional layouts, and attractive prices. Choose a property perfectly suited to your needs!<\/p>\n\n\n\n<p><a href=\"https:\/\/www.activ-investment.eu\/en\/apartments\/\">See our projects>><\/a><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.activ-investment.eu\/en\/apartments\/\"><img loading=\"lazy\" decoding=\"async\" width=\"888\" height=\"888\" data-id=\"20924\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Ruczaj.jpg\" alt=\"Kameralny Ruczaj w Krakowie | Activ Investment\" class=\"wp-image-20924\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Ruczaj.jpg 888w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Ruczaj-300x300.jpg 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Ruczaj-150x150.jpg 150w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Ruczaj-768x768.jpg 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Ruczaj-45x45.jpg 45w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" \/><\/a><figcaption class=\"wp-element-caption\">Krak\u00f3w, ul. Ruczaj<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.activ-investment.eu\/en\/apartments\/\"><img loading=\"lazy\" decoding=\"async\" width=\"888\" height=\"888\" data-id=\"20922\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Przewoz-Activ-Investment.jpg\" alt=\"M\u00f3j Przew\u00f3z | Krak\u00f3w, ul. Przew\u00f3z Activ Investment\" class=\"wp-image-20922\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Przewoz-Activ-Investment.jpg 888w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Przewoz-Activ-Investment-300x300.jpg 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Przewoz-Activ-Investment-150x150.jpg 150w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Przewoz-Activ-Investment-768x768.jpg 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Krakow-ul.-Przewoz-Activ-Investment-45x45.jpg 45w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" \/><\/a><figcaption class=\"wp-element-caption\">Krak\u00f3w, ul. Przew\u00f3z <\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.activ-investment.eu\/en\/apartments\/\"><img loading=\"lazy\" decoding=\"async\" width=\"888\" height=\"888\" data-id=\"20920\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Nova-Mikolowska-City-Garden.jpg\" alt=\"Katowice, Nova Miko\u0142owska City Garden | Activ Investment\" class=\"wp-image-20920\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Nova-Mikolowska-City-Garden.jpg 888w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Nova-Mikolowska-City-Garden-300x300.jpg 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Nova-Mikolowska-City-Garden-150x150.jpg 150w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Nova-Mikolowska-City-Garden-768x768.jpg 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Nova-Mikolowska-City-Garden-45x45.jpg 45w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" \/><\/a><figcaption class=\"wp-element-caption\">Nova Miko\u0142owska: City Garden, Katowice<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.activ-investment.eu\/en\/apartments\/\"><img loading=\"lazy\" decoding=\"async\" width=\"888\" height=\"888\" data-id=\"20918\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Kopalniana-7-3.jpg\" alt=\"Katowice, ul. Kopalniana 7 | Activ Investment\" class=\"wp-image-20918\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Kopalniana-7-3.jpg 888w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Kopalniana-7-3-300x300.jpg 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Kopalniana-7-3-150x150.jpg 150w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Kopalniana-7-3-768x768.jpg 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Katowice-Kopalniana-7-3-45x45.jpg 45w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" \/><\/a><figcaption class=\"wp-element-caption\">Kopalniana 7, Katowice<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.activ-investment.eu\/en\/apartments\/\"><img loading=\"lazy\" decoding=\"async\" width=\"888\" height=\"888\" data-id=\"20916\" src=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Gliwice-ul.-Gorna-Activ-Investment.jpg\" alt=\"Osiedle Area Park II, Gliwice, ul. G\u00f3rna Activ Investment\" class=\"wp-image-20916\" srcset=\"https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Gliwice-ul.-Gorna-Activ-Investment.jpg 888w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Gliwice-ul.-Gorna-Activ-Investment-300x300.jpg 300w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Gliwice-ul.-Gorna-Activ-Investment-150x150.jpg 150w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Gliwice-ul.-Gorna-Activ-Investment-768x768.jpg 768w, https:\/\/www.activ-investment.eu\/wp-content\/uploads\/Gliwice-ul.-Gorna-Activ-Investment-45x45.jpg 45w\" sizes=\"auto, (max-width: 888px) 100vw, 888px\" \/><\/a><figcaption class=\"wp-element-caption\">Gliwice, ul. G\u00f3rna <\/figcaption><\/figure>\n<\/figure>\n","protected":false},"excerpt":{"rendered":"<p>March 2026 interest rate cut \u2013 what could be the next decisions of the Monetary Policy Council? Early March brought...<\/p>\n","protected":false},"author":3,"featured_media":21472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-21667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-categories"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/posts\/21667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/comments?post=21667"}],"version-history":[{"count":1,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/posts\/21667\/revisions"}],"predecessor-version":[{"id":21669,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/posts\/21667\/revisions\/21669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/media\/21472"}],"wp:attachment":[{"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/media?parent=21667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/categories?post=21667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.activ-investment.eu\/en\/wp-json\/wp\/v2\/tags?post=21667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}