They had the cheapest mortgages
Photo: Janerik Henriksson/TT

They had the cheapest mortgages in November

The average interest rate for variable mortgages was 2.65 percent in November, according to a review from the comparison service Zmarta.

Advertisement

This is a decrease from October's average interest rate of 2.66 percent. The lowest interest rate in November was at Skandiabanken, which offered its customers a variable interest rate of 2.52 percent. The highest in the compilation was Ikano Bank, which had an average interest rate of 2.78 percent.

The average interest rate on mortgage rates with a three-year fixed term also fell slightly, while interest rates with a five-year fixed term began to rise.

"The fact that we see a tendency to rise among some of the fixed average interest rates is a clear break in the trend," says Charlie Tideman, household economist at Zmarta, in a press release.

The compilation includes a total of 13 banks.

Facts: Average interest rates in November

The average interest rate on a mortgage with a three-month fixed term:

Nordea: 2.67

SEB: 2.65

Swedbank: 2.63

Handelsbanken: 2.63

SBAB: 2.69

County Insurance: 2.68

Skandiabanken: 2.52

Danske Bank: 2.58

Ica Bank: 2.62

Mortgage: 2.69

Ikano Bank: 2.78

Data for November is missing for Stabelo and Landshypotek.

Source: Zmarta

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All