Swedish House Prices Fell Sharply in October as Apartment Prices Rose
Villa prices fell unusually sharply in October while apartment prices rose, according to figures from SBAB and housing website Booli.
Business
SBAB’s net interest income falls to SEK 1.2 billion as deposit costs rise
The state-owned mortgage bank SBAB reported SEK 1.2 billion in net interest income - the difference between income from lending and the cost of deposits - in the third quarter, down from SEK 1.3 billion in the second quarter.
Business
SBAB Forecast: Riksbank to Raise Interest Rates at Its Next Three Meetings, Reaching 2.5% in February
Higher inflation will put pressure on the Swedish Central Bank to raise its key interest rate at all three upcoming meetings, from the current 1.75 percent to 2.50 percent in February, according to a new forecast from state-owned bank SBAB.
Business
Skandia raises mortgage rates on 2-5 year fixed terms
Skandia's mortgage bank is raising interest rates on mortgages with fixed terms of 2-5 years by 0.10 percentage points, the bank writes in a press release.
Business
Hemnet cuts costs and launches free ad formats to win back home sellers
The housing site Hemnet is being forced into a major cost-cutting package, in which almost 40 percent of its employees will have to leave. In addition, the company is launching entirely new advertising solutions for its customers. "It is a sacred cow that is really being slaughtered," says Erik Wikander, former CEO of Svensk Fastighetsförmedling, among others.
Business
SBAB raises fixed mortgage rates for 1-10 year terms
The state-owned mortgage bank SBAB is raising interest rates on mortgages with terms of 1-10 years. The interest rate on mortgages with a term of three months, so-called floating interest rates, remains unchanged.
Business
SBAB: Riksbank to raise key rate in December, then again in February
The Swedish Central Bank will raise the key interest rate in December and then in February next year, state-owned SBAB predicts in its latest forecast.
Business
Skandia raises fixed mortgage rates by 0.25 percentage points
Pension company Skandia's mortgage bank is raising interest rates on fixed-rate mortgages with terms of 1-5 years by 0.25 percentage points.
Business- BusinessRiksbank faces added rate uncertainty after election shock, SBAB says
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- BusinessStrong growth raises risk of Swedish central bank rate hike this year
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- BusinessThese banks offered the lowest variable mortgage rates in July
- BusinessSweden’s inflation fell sharply in July, driven by tax cuts
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- BusinessSkandia raises mortgage rates, and other banks may follow
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- BusinessInflation falls to 1.3% in June, but mortgage rates seen unchanged
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- BusinessNew mortgage rules have no major effect on Swedish housing market