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MoneyPark: Mortgage interest rate hike like after the franc shock

Zurich – Due to the war in Ukraine, the already rising global inflation has literally exploded. The price increases threaten to slow economic growth again. In addition, the supply chain problems have again become significantly more acute due to the pandemic and new coronavirus variants continue to pose a significant risk.

So it is currently extremely difficult to assess whether we have a significant turnaround in interest rates with a sustained higher interest rate level.

the economic performance in Switzerland was slightly above the pre-crisis level in recent weeks despite these dangers.

the capital market rates rose by 60 to almost 100 basis points in the first quarter, depending on the term, and recorded values ​​last seen in mid-2014.

the Interest on fixed-rate mortgages have followed the capital market interest rates and are showing a reaction that is in proportion to the increase after the Franc shock 2015 is comparable.

The difference between the cheapest and the most expensive ten-year mortgage has increased and is over 1%.

Thanks to the renegotiations and volume advantages through MoneyPark, our customers receive the following conditions (effective date March 30, 2022):
2 years: from 0.62% – 10 years: from 1.23%
5 years: from 0.69% – 15 years: from 1.62%

You can find the full assessment of mortgage interest rates for April 2022 here here (pdf). (MoneyPark/mc/ps)

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