In Switzerland, mortgage rates have been at a low level for months. Interest rate expectations are also stable. What homebuyers should look out for.
Now is a good time to realize your dream of owning your own home: a family in front of a single-family home.
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The mortgage rates in Switzerland hardly move anymore. The unrest phase is over. In the first half of the year, the outbreak of the corona pandemic caused interest rates on the interbank market to fluctuate, which was carried over to real estate financing. Because banks secure their loans on the market. Ten-year mortgages are now back at the same level they were a year ago.
If you take out a mortgage, you should opt for a fixed-rate mortgage with a long term.
This is only one of two pieces of good news for anyone planning to buy a property or refinance an expiring mortgage. The other concerns the level of interest rates: mortgages are record low. What do I have to consider?
