Mortgage rates below the 3% mark

Banque Migros and the Cantonal Bank of Lucern have joined the growing movement of financial institutions bringing down their mortgage rates. Banque Migros proposes a variable mortgage rate of 2.7 %, whereas the Lucern bank proposes 2.75%.

For the time being, the reference rate for rents, as published on 1 December by the Swiss Federal Office of Housing, remains at 3.5%.