Another Bank Lowers Mortgage Interest Rates

» Updated: August 14 2024

» Published: August 12 2024

Another Bank Lowers Mortgage Interest Rates
Photo: Anders Wiklund/TT

The major bank Danske Bank is lowering the interest rate on mortgages with fixed terms, the company announces in a press release.

The reductions are between 0.10 and 0.60 percentage points.

The interest rate on a loan with a one-year binding period is being lowered by 0.60 percentage points to 4.29 percent.

The two-year interest rate is also being lowered by 0.60 percentage points to 3.99 percent.

For loans with a five-year binding period, the new interest rate will be 3.79 percent, a reduction of 0.20 percentage points.

The reductions will apply from and including Wednesday, August 14.

Last week, among others, Swedbank and Länsförsäkringar lowered several of their mortgage interest rates.

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By TTTranslated and adapted by Sweden Herald
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