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Swiss mortgage rates at all-time low

The construction boom goes on and on in Switzerland and the property market is overheating, especially when it comes to apartment blocks. The National Bank and the financial market supervisory authority, Finma are urging the banks to be cautious, as if interest rates were to rise sharply or the global economy were to unexpectedly fall back into recession, the bubble could burst. (SRF/swissinfo.ch)

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About Swissinfo
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SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.
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