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Mortgage rates rise, savings rates don’t

Fixed rate mortgages are getting more expensive week after week. In January, Swiss banks offered ten-year mortgages at an average rate of 1.26%. This week, you had to pay 2.07%. This is what shows an analysis carried out for Blick by the online comparison service moneyland.ch. For a mortgage of 800,000 francs, it is therefore necessary to pay around 16,560 francs per year today, compared to 10,080 francs a few weeks ago.

So far, nothing suspicious (although painful for owners). But the fact…

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