Swedish SBAB raises interest rates on fixed-rate mortgages

State-owned SBAB is the next bank to raise interest rates on fixed-rate mortgages. For SBAB, this concerns mortgages with fixed-rate periods of 2–10 years, and increases of between 0.05 and 0.15 percentage points.

"The interest rate adjustment is due to market interest rates having increased, which has led to increased borrowing costs for the bank. The changes come into effect today, Monday, December 22." The bank writes in a press release.

Last week, several banks raised their fixed interest rates.