Swiss mortgage market healthy, Raiffeisen head says

6th September 2010, Comments 0 comments

With interest rates remaining at rock bottom, concerns linger about an over-heated real estate market in many parts of Switzerland as low financing costs prop up property prices. However, the head of the country's third largest bank, Raiffeisen, maintains the mortgage situation remains healthy given that average amounts borrowed are at a sustainable level, despite warnings raised by the Swiss National Bank.

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