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Major Banks Lower Mortgage Rates
Several major banks are now lowering their variable mortgage rates following the Swedish Central Bank's double rate cut. SEB is lowering by 0.
Central Bank Economist: Central Bank Cuts Interest Rate Too Late
Good, but too late, is the comment of trade union economist Tobias Brännemo on the Swedish Central Bank's interest rate decision. That such a large reduction is coming now is a clear sign that the Swedish Central Bank realizes that they lowered too little earlier.
The Banks' New Grip in the Battle for Mortgage Customers
When the Swedish Central Bank is expected to lower the interest rate this week, some banks have already gone ahead and adjusted their rates downwards – "a new grip" according to savings economist Christina Sahlberg at Compricer. .
Largest Interest Rate Cut in Ten Years Expected
Everything points to the Swedish Central Bank making a double cut in the interest rate on Thursday. It would be the largest interest rate cut in over ten years.
Major Banks Agree: A Double Rate Cut is Coming
Handelsbanken is now joining other actors and expects the Swedish Central Bank to make a double rate cut, i. e.
Major Banks' Profits Increase Again
The major banks' profits are increasing despite the lower interest rates. When the profitability of mortgage loans is squeezed, the banks find other revenue streams.
Major Banks Soar on the Stock Exchange
It was a course rally in the major banks on Wednesday after strong quarterly reports, but the Stockholm Stock Exchange as a whole rose very moderately. The broad OMXS closed at plus 0.
Better than expected for Handelsbanken
Handelsbanken exceeds market expectations in its latest interim report. Both the profit and revenues were higher than expected.
Nordea pulls the Stockholm stock exchange upwards
The Stockholm stock exchange rose slightly on Thursday. The broad OMXS index closed at 0.
These are the risks on the stock market right now
It looks shaky ahead of the reporting season, which kicks off this week. The German automotive industry has set the tone with a series of profit warnings.
Stockholm Stock Exchange Turned Upward
The Stockholm stock exchange recovered after the morning's decline. At closing, the OMXS index stood at plus 0.
Handelsbanken and Skandia lower mortgage rates
Several actors are now lowering mortgage rates but choose different strategies. While Handelsbanken lowers the fixed rates by between 0.
Handelsbanken's services are working again
Now it is possible to access Handelsbanken's services again. A previous malfunction meant that neither the website nor the internet bank was functioning.
Fake Swish - how to avoid being scammed
Reports of fake Swish apps are emerging in several locations around the country. They are difficult to stop and it's easy to get deceived in stressful situations.
More Expensive Electric Cars – but Unclear by How Much
Some fear a trade war with China when the EU introduces permanent tariffs on Chinese electric cars. How great an impact it will have on the European car market is difficult to say at present, says an analyst.
Your savings rate is back to zero again
It was small, and now it's back to zero again - the interest rate on major banks' salary accounts. Move your money, advises the central bank governor.
Despite the interest rate cut - a fixed mortgage rate "isn't wrong"
Despite today's expected interest rate cut and a continued low interest rate ahead – the calculations show that a fixed interest rate can be advantageous in the current situation. If you only look at the cost, it's not obviously wrong to perhaps choose a fixed rate for three, four, or five years, says SBAB's chief economist Robert Boije.
Variable Mortgage Rates Fall Ahead of Riksbank's Decision
The state-owned mortgage bank SBAB and Länsförsäkringar are lowering the interest rate on mortgages with a three-month term by 0. 20 percentage points.
Now Norwegian Swish is available in Sweden
The Norwegian equivalent to Swish, Vipps Mobilepay, is launched on Tuesday in Sweden. This means that it is now possible to send money in a similar way as with Swish to people in Norway, Denmark, and Finland.
Northvolt: "Tried to do too much at the same time"
Northvolt has invested in several new factories at the same time. It may have become too much to handle, according to Hampus Engellau, automotive analyst at Handelsbanken.
Danske Bank lowers variable mortgage interest rate
Danske Bank is following up on last week's cuts from Handelsbanken and Nordea and is lowering the interest rate on mortgages with a three-month binding period by 0. 20 percentage points.
Major Banks Lower Floating Mortgage Rates
Several banks are now anticipating the Swedish Central Bank's message next week and are lowering their interest rates. .
Economists see glimmers of hope on the labor market
Unemployment is stagnant, new figures show. And employment is increasing.
Noted EFN Launches Book Magazine
The acclaimed media venture EFN is being expanded. Handelsbanken's media company will publish a book magazine four times a year in collaboration with the publisher Volante.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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