Best mortgage rates

 Basel, 12.07.2024

Mortgage rates in Switzerland are currently at their lowest level since summer 2022. According to an analysis of 15 mortgage providers, the declining rates continue. This trend began after the latest interest rate cut by the Swiss National Bank in June.

Since the beginning of June, mortgage rates for two-year terms have dropped on average from 2.2% to 1.95%. Five-year mortgages have decreased from 2.21% to also 1.95%, while ten-year mortgages are now at 2.09%. Particularly favorable offers are currently available from Migros Bank for terms of two to five years with rates between 1.72% and 1.74%. The best ten-year offer can be found at Hypomat.ch with 1.87%, an online mortgage from Glarner Kantonalbank. Valiant and Raiffeisen demand higher rates.

The decline in mortgage rates is supported by falling yields on government bonds and Saron swap rates. For home buyers, it is currently a good time to compare mortgages and use a mortgage calculator to find the best conditions. The low mortgage rates in Switzerland offer attractive financing options for purchasing real estate.

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