Danske Bank lowers interest rates on mortgages with terms between one and ten years

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Danske Bank lowers interest rates on mortgages with terms between one and ten years
Photo: Annika Byrde/NTB/TT

Interest rates will be lowered by 0.10–0.20 percentage points.

"The bank's borrowing costs for longer maturities, which are largely affected by market interest rates, have fallen. This means that we are now lowering our fixed mortgage rates," says Nicklas Ilebrand, Head of Retail Markets at Danske Bank Sweden, in a press release.

The interest rate on mortgages with a three-month fixed term, so-called floating interest rates, remains unchanged.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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