It is Länsförsäkringar that measures on a monthly basis how Swedish households believe the variable mortgage rate will evolve.
"This is what we see as a consequence of the global situation and Trump's trade war, which has opened up for rate cuts, something that the Swedes have caught on to and are well aware of", says Stefan Westerberg, private economist at Länsförsäkringar, in a press release.
For a household with 3 million kronor in mortgage, a reduction of the average rate by 0.25 percentage points would mean 625 kronor in lower interest costs per month before tax deduction.
"Lower rates are, of course, positive for the private economy and entail more money in the wallet, but it is simultaneously important not to take anything for granted without always preparing for higher or unexpected outlays", says Stefan Westerberg.
