Major banks raise mortgage rates, Handelsbanken and Danske Bank increase fixed-term rates

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Major banks raise mortgage rates, Handelsbanken and Danske Bank increase fixed-term rates
Photo: Fredrik Sandberg/TT

Handelsbanken and Danske Bank are doing what many others in the industry have already done - raising mortgage rates.

On loans with a fixed term of two and three years, Handelsbanken is raising the interest rates by 0.10 percentage points to 3.49 and 3.59 percent, respectively.

For loans with a five-year term, there will be an adjustment of 0.15 percentage points to 3.89 percent. Increases will also be made for eight- and ten-year terms (0.25 percentage points).

For Danske Bank, this is an increase of between 0.10 and 0.15 percentage points, which means, among other things, a list rate of 3.36 percent for two years and 3.49 percent for three years. The interest rates on mortgages with a maturity of three months and one year are left unchanged.

The adjustments are due to rising market interest rates, which have increased borrowing costs, the bank writes in a comment.

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

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