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Major Banks Lower Mortgage Rates

» Updated: Today, 10:52

» Published: Today, 09:47

Major Banks Lower Mortgage Rates
Photo: Janerik Henriksson/TT

Several major banks are now lowering their variable mortgage rates following the Swedish Central Bank's double rate cut.

SEB is lowering by 0.50 percentage points to 4.74 percent. Handelsbanken is making an equally large cut, resulting in a variable mortgage rate of 4.79 percent. Nordea and Danske Bank are also lowering by 0.50 percentage points.

Swedbank lowered the rate on its variable mortgages by 0.25 percentage points last week to 4.99 percent. The state-owned bank SBAB lowered by 0.10 percentage points at the end of October.

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By TTThis article has been altered and translated by Sweden Herald

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