SNB stays the course. Mortgage rates remain low.

The Swiss National Bank (SNB) has left its key interest rate unchanged at 0%. In a market environment characterised by global uncertainties, the central bank is thus sending a clear signal of continuity. For owners as well as prospective buyers of exclusive properties, this means one thing above all: a high degree of planning security with low mortgage rates.

A signal of reliability in turbulent times

Despite geopolitical tensions in the Middle East and fluctuating energy prices, the SNB remains true to its line in its monetary policy assessment of 19 March 2026. The decision to keep the key interest rate at 0% underlines the commitment to supporting the Swiss economy and keeping inflation within the target range of 0% to 2%.

This news is of great significance for the high-end property sector. Stable interest rates provide fertile ground for long-term investment. Anyone currently investing in prime locations or rebalancing their portfolio benefits from a predictable financing environment.

Focus on price stability and a strong franc

The SNB is closely monitoring the situation on the foreign exchange market. To counteract an excessive appreciation of the Swiss franc – often sought as a “safe haven” in times of crisis – the National Bank is prepared to intervene actively. The SNB’s monetary policy thus helps to keep inflation within the price stability range and supports economic development. This policy not only protects the export economy but also preserves the value of tangible assets within Switzerland. For international buyers, the Swiss property market therefore remains one of the most attractive and secure destinations worldwide.

Outlook: Moderate growth and low inflation

The SNB’s forecasts paint a picture of cautious optimism: in terms of economic growth, the National Bank expects GDP growth of around 1% in 2026, which is likely to accelerate to 1.5% in 2027. According to the bank, inflation will continue to hover between 0.5% and 0.6% until 2028. The forecast is based on the assumption that the SNB’s key interest rate will remain at 0% throughout the forecast period.