SBAB First to Raise Variable Mortgage Rate

Published:

SBAB First to Raise Variable Mortgage Rate
Photo: Janerik Henriksson/TT

After nearly a year of steady interest rate cuts, the bank is now raising the three-month interest rate by 0.05 percentage points. The new list rate becomes 3.47 percent.

Some fixed interest rates are also being raised, by between 0.08 and 0.28 percentage points. The two-year interest rate thus ends up at 3.59 percent.

"Both long and short market interest rates have been moving upwards for some time, driven by the turbulence we are now experiencing in our surroundings," says Mikael Inglander, CEO of SBAB, in a press release.

Loading related articles...

Tags

Author

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

Keep reading

Loading related posts...