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Old 06.04.2021, 23:38
Simondp Simondp is offline
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Re: Process in buying a house

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Of course this consideration may be invalid because there are so many factors to consider but i have 2 examples of 2 mortgages from friends

1. around 500k property
2. around 1M property

Both got offers from UBS and CreditSuisse for interests of 0.65 - 0.75 for 3, 5, 7 and 10 years. This was 3-4 months ago
Unfortunately the very slight uptick in Swiss interest rates end of last year/beginning of this pushed ours up slightly from rates you mentioned, hence ours averages at 0.9 rather than hoped-for 0.7. I think Credit Suisse was lower than 0.9 too, but for assorted reasons we went with Valiant. Anyone that meets relevant criteria and is prepared to put the legwork in should get a slightly better rate than ours.

I can‘t grumble at what we have, however. Rates remain incredibly cheap, though goodness knows where they‘ll be in 6 months - or more importantly for us, 6 years...


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