Mortgage borrowers are choosing to an increasing extent to tie their mortgages to longer loan periods when they take out new loans, according to the state-owned mortgage bank SBAB.
From January to March, the proportion of those tying their mortgages has more than doubled, from 3 to 7 percent, according to SBAB.
"It is the highest proportion in over a year and may indicate a trend shift. Concerns in the surrounding world are likely playing a role in this", writes SBAB in a press release.