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Major Banks Reduce Mortgage Interest Rates After Central Bank Cut

After today's interest rate cut from the Swedish Central Banken, Swedbank, Nordea and Handelsbanken announce that they are lowering their mortgage interest rates. The banks are lowering the list rate on the variable mortgage by 0,25 percentage points from Thursday.

Major Banks Reduce Mortgage Interest Rates After Central Bank Cut

Debt Trap Concerns Arise Amid Housing Loan Relief Proposals

The Government wants to lower the requirement for how large a cash contribution is needed for a housing loan and abolish the extra amortization requirement. Private economists from several different banks give a thumbs up but at the same time raise a warning finger for new borrowers.

Debt Trap Concerns Arise Amid Housing Loan Relief Proposals

Swedish Central Bank Expected to Lower Interest Rate Wednesday

Most assessors agree that the Swedish Central Banken will proceed with a reduction of the interest rate by 0,25 percent on Wednesday. The monetary policy constitutes the first line of defense in the economic situation we find ourselves in now.

Swedish Central Bank Expected to Lower Interest Rate Wednesday

Nordea and Landshypotek Reduce Mortgage Rates Ahead of Rate Decision

Nordea and Landshypotek are lowering their mortgage rates ahead of this week's interest rate decision from the Swedish Central Bank. Nordea is lowering the mortgage rate with a one-year binding period by 0.

Nordea and Landshypotek Reduce Mortgage Rates Ahead of Rate Decision

Swedish Economy Grows in April Despite Industry Setback

Increased household consumption and higher production in the business sector meant that the Swedish economy grew by 0,4 percent in April compared to the previous month, according to a preliminary calculation from the Statistical Central Bureau (SCB). But at the same time, orders received by the industry fell sharply.

Swedish Economy Grows in April Despite Industry Setback

Nordea Predicts Swedish Central Bank Interest Rate Cut in June

Nordea is backing other major banks and now expects the Swedish Central Bank to lower the interest rate in June. Chief Economist Annika Winsth actually does not think it is needed right now.

Nordea Predicts Swedish Central Bank Interest Rate Cut in June

Nordea Predicts Swedish Central Bank Interest Rate Cut in June

Nordea is now joining a number of other major banks in believing that the Swedish Central Bank will lower interest rates in June. Nordea has been one of the banks that believed the Swedish Central Bank would remain still but writes in a market update that it now believes the interest rate will be lowered to 2.

Nordea Predicts Swedish Central Bank Interest Rate Cut in June

Lower Inflation in May Signals Possible June Interest Rate Cut

Inflation was lower than expected in May. This speaks for an interest rate cut already in June rather than in the autumn, according to economists.

Lower Inflation in May Signals Possible June Interest Rate Cut

Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood

Swedish economy shrinks unexpectedly during the year's first quarter, based on a second calculation by the Statistics Bureau (SCB). Today's figure has increased the probability of an interest rate cut, says Nordea's chief analyst Torbjörn Isaksson.

Swedish Economy Shrinks in Q1 2025 Raising Interest Rate Cut Likelihood

Major Banks Differ on Swedish Interest Rate Cuts for 2023

There is great uncertainty surrounding the interest rate development during the year. Handelsbanken and Swedbank are counting on two cuts.

Major Banks Differ on Swedish Interest Rate Cuts for 2023

Rising Food Prices: Coffee Costs Surge by 42 Percent

The increase in food prices accelerated further in April. It has become 42 percent more expensive, according to new SCB figures.

Rising Food Prices: Coffee Costs Surge by 42 Percent

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent

The strong price increases have ebbed out after Monday's announcement about a pause in the trade war between China and the USA. The OMXS index, like leading European stock exchanges, closed near zero – The real estate company SBB rocketed 40 percent.

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent

Fake Online Purchases Worth Millions Blocked by Authorities and Banks

The police, the Consumer Agency and the four major banks have together stopped thousands of purchases on fake online stores by starting to share information with each other. The collaboration, which took place at the end of the year, led to the total amount stopped being tens of millions of kronor higher than before.

Fake Online Purchases Worth Millions Blocked by Authorities and Banks

Economists Split on Potential Swedish Interest Rate Cut

Even if the Central Bank keeps the door open for an interest rate cut further ahead, Nordea's chief economist Annika Winsth is doubtful about whether it will happen. SEB's chief strategist Olle Holmgren, on the other hand, believes increasingly strongly in a cut as early as June.

Economists Split on Potential Swedish Interest Rate Cut

Economists Split on Possible Interest Rate Cut by Swedish Central Bank

Even if the Central Bank keeps the door open for an interest rate cut further ahead, Nordea's chief economist Annika Winsth is doubtful about whether it will happen. SEB's chief strategist Olle Holmgren, on the other hand, believes increasingly strongly in a cut as early as June.

Economists Split on Possible Interest Rate Cut by Swedish Central Bank

Nordea Swish Service Restored After Brief Disruption

The problems with Swish for Nordea's customers are solved, the transfer service announces on its homepage. The disruption lasted between 5 pm and 8 pm on Monday.

Nordea Swish Service Restored After Brief Disruption

Experts Diverge on Future Swedish Interest Rate Changes

On the interest rate market, the actors assume two cuts in the Swedish Central Bank's benchmark rate this year. But among the major banks' forecasters, there is a significant spread when it comes to the benchmark rate right now.

Experts Diverge on Future Swedish Interest Rate Changes

Major Swedish Banks See Profit Decline in 2024 Report

The Swedish banks increased their profits in 2024, according to the Financial Supervisory Authority's (FI) new bank report. However, the three major banks, SEB, Handelsbanken, and Swedbank, reported lower profits as a result of increased administrative costs and lower net interest income, which is what the banks earn from lending and borrowing.

Major Swedish Banks See Profit Decline in 2024 Report

Major Banks Cut Fixed Mortgage Rates in Europe

Danske Bank and Nordea are now lowering the fixed mortgage rates. For Danske Bank, this means a reduction of up to 0.

Major Banks Cut Fixed Mortgage Rates in Europe

Banks and Industrials Drag Down Stockholm Stock Exchange

The Stockholm stock exchange's broad OMXS index fell 0. 8 percent on Wednesday, weighed down by declines in banks and industrial companies.

Banks and Industrials Drag Down Stockholm Stock Exchange

Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty

The uncertainty has increased sharply after all the drastic messages from USA's President Donald Trump lately, according to the CEO of the major bank Nordea, Frank Vang-Jensen. But he believes that the Nordic countries, companies, and households here are well-equipped to handle the situation.

Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock.

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

The Council's Advice to the Government: Be Frugal until the Shock Comes

In the midst of a toxic customs chaos, the government is presenting its spring budget. Most of the money will go towards increasing the ROT deduction, to support the construction industry and households that want to renovate.

The Council's Advice to the Government: Be Frugal until the Shock Comes

Stockholm Stock Exchange Plunge Draws Parallels to Historic Crashes

The Depression, the pandemic, and Black Monday 1987. The recent days' stock market fall has experts drawing parallels to some of the worst events in economic history.

Stockholm Stock Exchange Plunge Draws Parallels to Historic Crashes