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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.
SBAB lowers fixed mortgage interest rates
The state-owned mortgage bank SBAB is lowering the interest rate on loans with binding periods of 1-5 years by 0. 05-0.
Housing prices are rising "significantly more than normal"
For the sixth consecutive month, housing prices as a whole are rising. Adjusted for seasonal effects, increases are seen in both the apartment and villa markets.
So you should think about your mortgage
The Swedish Central Bank is opening up for three further interest rate cuts this year. Something that will make a difference in the wallet, according to savings economist Shoka Åhrman.
Major Bank: Mistake Not to Cut Interest Rate Now
It will not be an interest rate cut on Thursday, according to some of the country's gathered experts. But Mattias Persson, chief economist at Swedbank, believes it will be seen as a mistake in hindsight.
Taylor Swift effect on inflation - "a setback"
Inflation is falling, but less than expected. This can be partly explained by rising hotel costs – to some extent a Taylor Swift effect, according to assessors.
So, what happened to the banks' mortgage rates?
The Riksbank's lowering of the interest rate on 8 May led the banks to adjust their variable mortgage rates. Danske Bank had the lowest average rate in May, reports [Dagens industri](https://www.
House prices rise less than expected - "shaky"
Home prices continue to rise for the fifth month in a row, but much less than expected. It's a slightly shaky increase, says Robert Boije, chief economist at SBAB.
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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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