Fixed-rate mortgages are more attractive than Saron mortgages for the first time
Zürich - Das Vergleichsportal Comparis bewertet Festhypotheken in der Schweiz angesichts stagnierender oder sinkenden Zinsen erstmals attraktiver als Saron-Hypotheken mit beweglichem Zinssatz. Das geht aus dem Hypothekenbarometer für das vierte Quartal 2023 hervor.
Fixed-rate mortgages are currently more attractive than adjustable-rate Saron mortgages. This is according to a press release from the mortgage barometer for the fourth quarter of 2023 compiledby the comparison portal Comparis. According to the report, the realisation that interest rates have peaked for the time being seems to be gaining ground.
The Swiss National Bank(SNB) also contributed to this with its decision to leave the key interest rate unchanged at 1.75 per cent for the second time in a row. The inflation rate has been well below the 2 per cent upper limit targeted by the SNB for months. There is already speculation on the market about an initial cut in the key interest rate.
“The hope that key interest rates will not rise any further or will fall is expressed in significantly falling capital market interest rates and swap rates, which make refinancing for banks significantly cheaper,” Comparis financial expert Dirk Renkert is quoted as saying. “This means that fixed-rate mortgages are now significantly more attractive than Saron mortgages for the first time.”
According to the information, the proportion of Saron mortgages taken out with Comparis mortgage partner HypoPlushas fallen significantly over the past three months. Whereas in the first nine months of the year around one in four mortgage customers opted for a Saron mortgage, in the last three months this figure has fallen to around one in six.
In contrast, the proportion of four- and five-year fixed-rate mortgages has increased significantly. Around one in five people opted for fixed-rate mortgages with medium terms in the first nine months of the year. In the past three months, this proportion has increased to around a third of all contracts. The proportion of ten-year and longer-term fixed-rate mortgages remained virtually unchanged at around 40 per cent.