More Banks Reduce Variable Mortgage Rates After Central Bank Cut

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More Banks Reduce Variable Mortgage Rates After Central Bank Cut
Photo: Helena Landstedt/TT

Danske Bank and Länsförsäkringar are next to lower the variable mortgage rate by 0.25 percentage points after the Swedish Central Bank's interest rate cut yesterday. Danske Bank's reduction applies from Wednesday, while Länsförsäkringar's reduction applies from Monday.

Yesterday, among others, Handelsbanken, Swedbank and Nordea announced that they are lowering their variable mortgage rates in line with the Swedish Central Bank's message.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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