The Danish major bank Danske Bank is lowering the interest rate on adjustable mortgages with a three-month term by 0.10 percentage points.
They are also lowering the interest rate on mortgages with one- and two-year terms by 0.25 and 0.15 percentage points, respectively.
"The background to the adjustments is changed market interest rates," writes Danske Bank in a press release.
The reductions come ahead of the Swedish Central Bank's interest rate decision on December 19, when the repo rate is expected to be lowered again by 0.25 percentage points to 2.50 percent.
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