Mortgage rates at lowest point since spring of 2022; decline expected to continue

The average mortgage rate dropped slightly again in early February, falling by 0.02 percentage points from the previous month to 5.11%. This marks the lowest rate since the spring of 2022, according to the Swiss Life Hypoindex, which is based on offer rates at the start of each month. The methodology reflects the average mortgage offer rate for 80% of a property's value.