Saturday, Jan 24, 2015

What is in store when we follow suit, as promised by Carney

Comparis.ch: Mortgage interest rates: new historic all-time low

Interest rates on the Swiss mortgage market continue to drop.
The year 2014 started out with a surprise: in the first quarter of the year, the interest rates for fixed-rate mortgages sank again – after an interim high in the previous year.
- 10-year fixed-rate mortgages started at 2.7 percent in January 2014 and reached a new, historic low of 1.8 percent by the end of the year.
- 5-year fixed-rate mortgages exhibited a similar curve. Their interest rates were at 1.8 percent at the beginning of the year and likewise dropped to an all-time low of 1.3 percent at the end of December. They currently are at the same level as 1-year fixed-rate mortgages.

Posted by libertas @ 06:34 PM (2648 views)
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