In concentrate, the criticism is about the fact that households can become more indebted, more sensitive to interest rate increases, and housing prices can be pushed up. And the Financial Supervisory Authority is worried about proposals that mean the responsibility for supervision, i.e. monitoring the stability of the financial system, will be divided among several authorities.
It was just before Midsummer that the government proposed that the extra requirement for amortization should be removed in the spring of 2026 and that it should be possible to borrow up to 90 percent of a home's value, compared to 85 percent today. One reason given was that it would make it easier for young people who want to buy a house or apartment if the requirement for cash contribution is lowered.
The Central Bank is skeptical
The Central Bank does not entirely believe that the possibility of borrowing more will result in more people being able to own a home. Instead, prices for houses and apartments may rise and debt may increase. The Consumer Agency sees a development with larger mortgages and higher housing prices making individual borrowers more vulnerable to interest rate increases and price falls.
The Central Bank, like the National Debt Office and KI, wonders why the government has not proceeded with the investigation proposal for a so-called debt quota ceiling, i.e. a ceiling for how large loans a family may have in relation to income.
LO welcomes
LO is not worried about financial stability and believes that the proposals can make it easier for more people to enter the housing market. They also reduce the need for so-called white loans with higher interest rates than ordinary mortgages.
Swedish Enterprise welcomes the proposals in general, as do the Estate Agents' Association and HSB.
The National Association of Homeowners supports the proposals but does not believe they are enough for young people to be able to buy a home. It sets, according to the association, the non-functioning housing market as a stop for it.
Facts: Proposal for new rules for mortgages
TT
The government and the Sweden Democrats have proposed that...
... there will be a continued requirement for one percent amortization per year for loans between 50 and 70 percent of the home's value, and two percent amortization for loans over 70 percent of the value
... the tightened amortization requirement is abolished, which states that households that have mortgages that are larger than 4.5 times the gross income must amortize an additional one percent in addition to the first amortization requirement
... the mortgage ceiling is raised from 85 to 90 percent, which means that the own contribution does not need to be as large as today
... additional borrowing is limited to 80 percent of the home's market value
... revaluation of the home, with the aim of expanding the borrowing space, will only be possible every fifth year
... the responsibility for regulations on mortgage ceilings and amortization, which is currently issued by the Financial Supervisory Authority, will instead be regulated in a new law
