Current Mortgage Interest Rates In Switzerland

Swiss Mortgage Rates: An Overview

Current Mortgage Interest Rates in Switzerland

Mortgage interest rates in Switzerland have been declining for years, reaching record lows in 2019. As of September 2018, the average variable mortgage rate was 2633 pa, and fixed-rate mortgages with terms from two to 15 years were available from PostFinance at attractive interest rates.

Trends in Swiss Mortgage Rates

The decline in Swiss mortgage rates has been driven by a number of factors, including the Swiss National Bank's negative interest rate policy, the low cost of borrowing on the international markets, and the strong Swiss franc.

The Swiss National Bank's negative interest rate policy has made it more expensive for banks to hold excess reserves, which has in turn led to lower interest rates on loans.

The low cost of borrowing on the international markets has also contributed to lower mortgage rates in Switzerland.

Finally, the strong Swiss franc has made it more expensive for Swiss borrowers to repay foreign currency loans, which has also led to lower mortgage rates in Switzerland.