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Swedbank and Handelsbanken lower fixed mortgage rates

» Updated: 19 August 2024, 21:16

» Published: 09 July 2024

Swedbank and Handelsbanken lower fixed mortgage rates
Photo: Janerik Henriksson/TT

Swedbank and Handelsbanken (SHB) are lowering their fixed interest rates for loans with binding periods of one to ten years.

A two-year loan with Swedbank now has a fixed interest rate of 4.44 percent, down from 4.64 percent previously.

For loans with a five-year binding period, the new interest rate is 3.99 percent, down from 4.19 percent previously, and for a ten-year loan, the interest rate is 3.89 percent, down from 4.09 percent previously.

The variable interest rate with a three-month binding period remains unchanged at 5.69 percent.

Handelsbanken is also doing the same and is lowering its fixed interest rates by between 0.20 and 0.25 percentage points. A two-year loan has a fixed interest rate of 4.39 percent.

The fixed interest rates are generally always significantly higher than the actual interest rates that customers pay.

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By TTThis article has been altered and translated by Sweden Herald

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