Skandia Reduces Variable Mortgage Interest Rate by 0.15 Points

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Skandia Reduces Variable Mortgage Interest Rate by 0.15 Points
Photo: FREDRIK SANDBERG / TT

Skandia lowers the variable mortgage interest rate by 0.15 percentage points. It is just like several other banks a smaller reduction than what the Swedish Central Bank last week lowered the interest rate by, 0.25 percentage points, which many assessors and politicians have criticized.

"Skandia prices mortgages based on the market situation and strives for conformity with market interest rates", the company writes in a press release.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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