We track the market for you. Every day, Taux Radar records the rates published by Swiss banks, insurers and pension funds, to help you choose the right moment and the right term.
Daily averages of published rates since tracking began on 3 June 2026. For the long term, the average rates published by the Swiss National Bank go back to 2008.
Averages of rates published by tracked institutions, indicative data. Hover over or tap the chart to read a given day.Show values at the start of each month
Date
2-year fixed
5-year fixed
10-year fixed
SARON
3 June 2026
1.36 %
1.55 %
1.82 %
0.97 %
1 July 2026
1.28 %
1.42 %
1.70 %
0.97 %
1 August 2026
1.45 %
1.65 %
1.91 %
1.05 %
1 September 2026
1.42 %
1.63 %
1.88 %
1.05 %
1 October 2026
1.67 %
1.90 %
2.07 %
1.08 %
24 October 2026
1.57 %
1.78 %
1.96 %
1.08 %
Who lends at what price
Rates by type of lender
Averages of rates published on 24 October 2026, by group of institutions. An average is shown only when it covers at least three institutions.
Average published rates by type of lender and term
Type of lender
SARON
2 years
5 years
10 years
15 years
Cantonal banks
n/a*
1.62 %
1.85 %
2.04 %
2.13 %
Large and online banks
0.97 %
1.54 %
1.77 %
1.97 %
2.12 %
Insurers and pension funds
n/a*
1.52 %
1.68 %
1.82 %
1.86 %
Whole market
1.08 %
1.57 %
1.78 %
1.96 %
2.05 %
Lowest average for each term* n/a: fewer than three institutions, no average shown
Across all fixed terms, insurers and pension funds publish the lowest averages. Lending criteria vary from one lender to another. An advisor can tell you which lenders your application qualifies for.
Best published rate today · 5-year fixed
1.53 %
This is the lowest 5-year fixed rate recorded today, 0.25 pt below the market average. We know which lender offers it, and for which applications.
gap between the lowest and highest 5-year rates published today. On 800’000 CHF, that is 3’440 CHF in interest per year.
Decision support
What these rates mean for you
You are buying
Fixed or SARON, and for how long?
200’000 CHF2’000’000 CHF
Interest per year at the market average
SARON1.08 %8’640 CHF
2-year fixed1.57 %12’560 CHF
5-year fixed1.78 %14’240 CHF
10-year fixed1.96 %15’680 CHF
15-year fixed2.05 %16’400 CHF
For 800’000 CHF, fixing for 10 years costs 3’120 CHF more per year than 2 years, and 7’040 CHF more than SARON. In return, your rate stays the same for 10 years.
Based on average rates published on 24 October 2026, excluding amortisation. Your rate will depend on your application.
You own your home
Your mortgage is coming up for renewal
Your mortgage expires in
Fix in advance or wait?
A forward mortgage lets you lock in the rate for your next term today, for a premium. An advisor works through both scenarios with you.
Average 5-year fixed rate: 1.78 %, down 0.07 pt over 30 days
Consistent, current and comparable data to understand the market before your application is reviewed.
Tracked panel
A selection of Swiss institutions that publish their rates: cantonal banks, large banks, online banks, insurers and pension funds.
Calculation method
Average of indicative rates published for the same product and term. An average by type of lender is shown only when it covers at least three institutions.
Collection frequency
Automatic daily collection. A rate not updated for more than 7 days is excluded from the calculation.
Indicative, non-binding data. It does not constitute a financing offer.
Understand rates before choosing
Fixed rate or SARON: how to choose
A fixed rate guarantees a stable monthly payment over the chosen term, from 2 to 15 years. It suits households that value predictability and want protection against a rise.
SARON follows the Swiss money market. It is often cheaper at the start but varies over time and requires some tolerance for fluctuations. The right choice depends on your horizon, affordability and risk appetite.
How to read these averages
The averages and ranges shown are calculated every day from the rates published by the tracked institutions (cantonal banks, large banks, online banks, insurers and pension funds). The survey date appears at the top of the page.
These rates are indicative and non-binding. The rate you are actually offered depends on your file (equity, income, property) and is negotiated. It can fall outside the published range.
When to consider refinancing
It is worth reviewing your mortgage twelve to twenty-four months before maturity, when your situation changes, or when market conditions shift.
An independent advisor can compare your situation across the whole market and support you through to signing, with no commitment.
Swiss mortgage rates do not depend on your nationality. B and C permit holders living in Switzerland can access the same products as Swiss citizens, including SARON and long-term fixed rates, sometimes with slightly stricter lending criteria.
The differences for expats lie in the documentation (foreign income, vesting benefits, taxation at source) and in how each bank assesses it. Criteria vary widely between institutions, which makes comparing lenders especially worthwhile.
Our network includes English-speaking independent advisors who guide expats through the whole process. The first consultation is at no cost.
What are the current mortgage rates in Switzerland?
On 24 October 2026, published rates average 1.57 % for 2 years, 1.78 % for 5 years and 1.96 % for 10 years. Average SARON stands at 1.08 %. These averages are updated daily.
Why are bank names not shown?
Published rates are indicative. Each lender then adjusts its offer to the application, and the rate you obtain often differs from the advertised one. We show you where the market really stands, then negotiate for you with the lenders that suit your profile.
What is the difference between a fixed rate and SARON?
A fixed rate guarantees a stable monthly payment for the chosen term. SARON is a variable reference rate, often lower but fluctuating with the money market.
How will mortgage rates develop?
Nobody can predict it with certainty. Fixed rates follow capital market rates, while SARON follows the SNB policy rate. The chart on this page shows the market’s recent direction.
Are these rates guaranteed?
No: they are indicative and non-binding. The rate you are actually offered depends on your file (equity, income, property) and requires a personalised analysis.
How often are the rates updated?
Automatically every day, based on the information published by the institutions.
Can I get a Swiss mortgage with a B permit?
Yes. Most Swiss banks lend to B-permit holders who live and pay taxes in Switzerland, sometimes with slightly stricter criteria. C-permit holders are generally treated like Swiss citizens.
How much deposit do I need to buy property in Switzerland as an expat?
At least 20% of the purchase price, of which a minimum of 10% must come from your own liquid funds (cash or third pillar). Ongoing costs must not exceed roughly one third of your gross income at a theoretical rate of 5%.
Can non-residents buy property in Switzerland?
Purchases by non-residents are restricted by the Lex Koller. Buying a primary residence requires Swiss residency, while holiday homes are limited to specific quotas. If you are relocating to Switzerland, financing your future primary residence is usually straightforward.