Stay flexible with a Libor Mortgage
A Libor Mortgage is a mortgage with a fixed term and a variable interest rate which that tracks the benchmark Libor rate (London Interbank Offered Rate). If you‘ are able to tolerate short-term interest rate fluctuations, you can benefit from attractive interest rates with athe UBS Libor Mortgage.
Advantages of a Libor Mortgage
- Interest rates are lower than longer-term mortgage rates in a normal interest rate environment
- The interest rate adapts quickly to reflect changes on the money markets (an advantage when interest rates are falling)
- You can opt to switch to a UBS multi-year fixed-rate mortgage free of charge at the end of each fixed-rate period
|Interest rate||Adjusted every 3, 6 or 12 months (you can choose)|
|Term of the contract||3 years|
|Interest rate risk||Interest rates may fluctuate during the term of the mortgage|
|Reference rate||Based on the 3-, 6- or 12-month Libor|
How the Libor Mortgage works
A Libor Mortgage tracks the CHF Libor rate, which is the interest rate that prime banks offer each other on short-term deposits in Swiss francs The CHF Libor reflects the general interest rate level for short-term deposits in Swiss francs and is adjusted on a daily basis.
* Toll-free number. Exceptions: some telecommunication providers may charge if calls are made from a mobile phone, a telephone booth, or from abroad.
The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information.
© UBS 1998 - 2015. All rights reserved.