Skandia Reduces Variable Mortgage Rate by 0.07 Points

Skandia is lowering its so-called list rate on variable mortgages by 0.07 percentage points, according to a press release.

» Published: May 20 2025

Skandia Reduces Variable Mortgage Rate by 0.07 Points
Photo: Janerik Henriksson/TT

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The pension company, which also offers mortgages in its product portfolio, refers to the market situation.

The announcement comes after the Swedish Central Bank earlier in May left the repo rate unchanged at 2.25, but opened the door to lowering the repo rate later this year.

After the Swedish Central Bank's interest rate announcement, Landshypotek Bank and the state-owned mortgage bank SBAB have also lowered their variable mortgage rates.

What the variable rate at Skandia actually ends up at depends on the mortgage size, the loan-to-value ratio, and also the loan term. Additionally, customers with occupational pensions at Skandia and/or who borrow to buy homes with energy class A or B receive interest discounts.

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

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