Skandiabanken offers the lowest variable mortgage interest rate

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Skandiabanken offers the lowest variable mortgage interest rate
Photo: Fredrik Sandberg/TT

Skandiabanken offered the lowest variable mortgage interest rate among 13 lenders in Zmarta's monthly compilation for January.

When it comes to interest rates on savings accounts with free withdrawals, Landshypotek offered the highest rate for savers, with a savings interest rate of 1.50 percent, according to Zmarta. The major banks Nordea and SEB offered no interest at all on this type of savings account, while Handelsbanken and Swedbank offered 0.05 and 0.50 percent, respectively.

Skandiabanken's average variable mortgage interest rate was 2.56 percent in January, according to Zmarta. Ikano Bank had the highest variable interest rate at 2.80 percent.

The interest rate gap between banks' mortgage rates and savings rates increased in January to 2.17 percentage points, up from 2.16 percentage points the previous month, according to Zmarta.

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

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