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Major Bank Lowers Mortgage Rate

» Updated: 12 September 2024, 13:07

» Published: 12 September 2024

Major Bank Lowers Mortgage Rate
Photo: Annika Byrde NTB/TT

Danske Bank is lowering the mortgage rate on all fixed-rate mortgages. This is evident from a press release.

The one-year rate is being lowered by 0.3 percentage points to a list rate of 3.89 percent, and the rate on loans with a two-year binding period is being lowered by 0.38 percentage points to 3.51 percent.

The bank is not lowering the variable three-month rate.

Even the smaller mortgage player Hypoteket is lowering its rates, by between 0.12 and 0.35 percentage points depending on the binding period.

The list rate differs from the average rate, which is the actual rate that the banks' customers receive.

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By TTThis article has been altered and translated by Sweden Herald

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