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Largest Mortgage Bank Worst at Lowering Interest Rates
Swedbank is the worst in class when it comes to lowering mortgage rates when the average interest rates of the five largest mortgage banks are compared this year. Despite the Swedish Central Bank's lowering of the repo rate by 0.25 percentage points, Swedbank has only lowered its rates on adjustable mortgages by an average of 0.19 percentage points this year.
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