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.
BusinessThe average interest rate for variable mortgages was 2.65 percent in November, according to a review from the comparison service Zmarta.
BusinessHousing prices fell back in November but rose slightly in seasonally adjusted figures, SBAB Booli's monthly survey shows. At the same time, the low number of sales is worrying. "However, the sales figures for both apartments and villas do not look as cheerful. It remains to be seen what this means for the continued price development," says SBAB's chief economist Robert Boije in a press release.
BusinessThe state-owned mortgage bank SBAB is raising its growth forecast – both for this year and next year. Higher household consumption will drive growth this year and next year there will also be a small boost from public consumption, according to chief economist Robert Boije.
BusinessThe Left Party is demanding ministerial posts to support an S-led government. The party promises to "fill" people's wallets in a government and push down food prices and interest rates. It must become cheaper to live and to live, says party leader Nooshi Dadgostar.
Swedish politicsDissatisfied with zero interest on your salary account at the bank? Why not put your money with the state. The Swedish Tax Agency pays 1.6 percent including the tax effect. That is not the purpose, but there is nothing to prevent it from being done, says the agency's tax expert Johan Schauman.
BusinessBind mortgage interest rate? Then it may be time to strike now. If the forecasts hold "it seems cheap to insure against unexpected interest rate movements", according to the bank SBAB.
BusinessSBAB has lower requirements for profit from its owners than what the major banks have. Despite this, the state-owned bank's customers do not get lower mortgage rates. Lowering the profit requirement further does not help, according to CEO Mikael Inglander. It is important to remember when it comes to the major banks, that they have a completely different type of business model.
BusinessContinued slow housing market for the rest of the year, the brokers themselves predict according to SBAB's broker barometer.
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