SARON: What does the abolition of LIBOR mean?

At the end of 2021, SARON replaced LIBOR as the reference interest rate for money market mortgages. Many banks used this transition as an opportunity to increase their margins. Some advised their clients to switch to fixed-rate mortgages, as they would earn more that way than with money market mortgages. VZ can help you find the best mortgage solution for your personal situation. Arrange a meeting now.