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Overheating danger Swiss mortgage rates at all-time low

The construction boom goes on and on in Switzerland and the property market is overheating, especially when it comes to apartment blocks. The National Bank and the financial market supervisory authority, Finma are urging the banks to be cautious, as if interest rates were to rise sharply or the global economy were to unexpectedly fall back into recession, the bubble could burst. (SRF/

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