Good deals on auto parts – and other stock tips of the week
In “Switzerland at the weekend” our money columnist François Bloch writes why he relies on the O’Reilly newspaper and Saron mortgages.
Some of the readers no longer understood why I had been betting so vehemently on the SARON mortgage card in the home financing sector for months. But these days I received some unexpected support from UBS Chief Investment Officer Global Real Estate, Claudius Saputi. He said: «The cheapest financing option should be one Money Market Financing (SARON) they remain the most cost-effective financing option over a ten-year term compared to a ten-year fixed-rate mortgage. We estimate the interest cost advantage to be about 30 percent of the cumulative interest payments on a 10-year fixed-rate mortgage.” UBS assumes current money market mortgages are between 1.1 percent and 1.1 percent. .5%.With my best provider, you also get this under 1.05%, which means that a strategy with SARON mortgages is even more profitable for you.
