Skandia raises mortgage rates, and other banks may follow
Skandia is raising several of its mortgage rates, the bank announces. Now several major banks are expected to follow suit.
BusinessSkandia is raising several of its mortgage rates, the bank announces. Now several major banks are expected to follow suit.
BusinessThe CEO of state-owned mortgage bank SBAB sees “great economic uncertainty” in a quarterly report. The bank reports an operating profit of SEK 660 million for the second quarter of the year. This compares with SEK 759 million in the previous quarter.
BusinessIf the Strait of Hormuz opens in the near future, it is highly likely that the Swedish Central Bank will leave the policy rate unchanged in 2026, the state-owned SBAB says in the latest edition of Boräntenytt.
BusinessProfits rose at state-owned mortgage bank SBAB in the first quarter. Lower costs and reduced fees had a positive impact.
BusinessMore Swedes are choosing to fix their mortgage interest rates in the wake of the war in Iran. A clear trend shift is visible among SBAB's customers. The proportion choosing to fix their interest rates reached a record high in March, says Linda Hasselvik, the state mortgage bank's private and housing economist.
BusinessBank mortgage rates continue to rise. Now it may be too late to lock in the interest rate - unless you have trouble sleeping.
BusinessState mortgage bank SBAB's interest-rate forecast for the year remains largely unchanged, despite the impact of the war in Iran on the global economy. Mortgage rates are forecast to increase moderately going forward.
BusinessThe board of the state-owned mortgage bank SBAB is proposing a dividend of almost SEK 2.2 billion for 2025, according to its financial statements. This corresponds to 100 percent of the profit for 2025.
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