Slightly more people want to fix their mortgage interest rate

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Slightly more people want to fix their mortgage interest rate
Photo: Fredrik Sandberg/TT

The proportion of households that want to lock in their mortgage interest rate for terms longer than three months is increasing slightly, according to major bank SEB's housing price indicator for November.

The survey shows that households are on average listening to the Riksbank's signals about an unchanged policy rate in the near future. The average forecast among those surveyed is for a policy rate of 1.78 percent in a year – which can be compared with today's level of 1.75 percent.

SEB's house price indicator also shows that the proportion of households that believe in unchanged house prices is higher than historical averages.

The proportion of households that believe in rising housing prices rose 3 percentage points to 46 percent, according to the indicator. At the same time, the proportion that believe in falling prices decreased by 2 percentage points to 12 percent, while the proportion that believe in unchanged prices increased by 1 percentage point to 29 percent.

The housing price indicator is based on an online interview with approximately 1,000 households conducted by Demoskop on behalf of SEB, October 28-November 5.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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