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Skandia lowers mortgage rates

» Published: 24 October 2024

Skandia lowers mortgage rates
Photo: Janerik Henriksson/TT

Skandia is lowering its list rates on mortgages with terms of 1-3 years by 0.10-0.20 percentage points, according to a press release.

The so-called floating rate, with a three-month binding period, remains unchanged.

Skandia – which provides interest rate discounts based on the loan amount, the borrower's loan-to-value ratio, and for customers with occupational pensions in Skandia – refers to falling market rates.

The announcement comes ahead of the Swedish Central Bank's interest rate decision on November 7, when the fourth rate cut of the year is expected.

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By TTThis article has been altered and translated by Sweden Herald

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