• Mortgage credits in Swiss francs

Mortgage credits in Swiss francs

Mortgage credits in Swiss francs
More and more banks in Romania start to offer real estate credits in Swiss in francs. Advantageous interest rates, a better course, obtaining a bigger sum on the same income of the client, these are just some of the advantages offered by such a credit. There are however several disadvantages, that the National Romanian Bank also tries to point out for the people who intend to make a credit! Even if now everything seems simple and efficient, in the long run the NRB warns that as a result of measures taken by the Central Bank of Switzerland, interest rates could grow sensibly in the next period. Moreover, clients can also suffer from the exchange, as the banks are first to decide the course according to the monetary market. If in the case of the Euro or the Dollar, the course is not so fluctuating, in case of the Swiss franc there is no guarantee, as it is not a currency used in any kind of transactions.
We thus suggest that you take the advice of specialized consultants who can help you take the best decision that concerns a credit, be it of real estate or of mortgage!