"Riksbanken", The Swedish Central Bank, founded in 1668, is the world's oldest central bank and an authority under the Swedish parliament. The bank's main tasks include conducting monetary policy to maintain low and stable inflation, as well as promoting a safe and efficient payment system.
Source: Sveriges Riksbank
Mortgage customers must vote more with their feet, that is, consider switching banks, to get better terms, according to Finance Minister Elisabeth Svantesson (The Moderate Party). – Be tougher on the bank, she says and continues to criticize the banks for not following the Swedish Central Bank's interest rate cuts downwards.
BusinessMajor bank Nordea's economists expect the interest rates on mortgages with longer maturities to rise next year and thereafter. "List interest rates with longer maturities are expected to rise", they write in a press release.
BusinessSeveral major banks have lowered their mortgage rates – but not as much as the Swedish Central Bank's reduction. According to savings economist Christina Sahlberg, the banks have been unusually cautious. It's about enormous amounts of money, she says.
BusinessMajor banks Nordea, Swedbank and SEB are lowering their variable mortgage rates by 0.20 percentage points.
BusinessThe low-conjuncture will not be over until 2027. But next year will nonetheless be significantly better. This is stated by the National Institute of Economic Research (KI) in a new conjuncture report. It will take until 2027 before we will find ourselves in a balanced conjuncture situation, says forecasting manager Ylva Hedén Westerdahl.
BusinessThe state-owned mortgage bank SBAB is lowering the savings interest rate for both private and corporate customers.
BusinessFirst Deputy Governor of the Central Bank Anna Breman is leaving the board of directors for a new job as central bank governor in New Zealand. A job that seems to offer the Swedish economist a number of challenges.
BusinessBind or choose variable when it comes to the housing loan? That is the question many mortgage borrowers ask themselves after today's interest rate decision. The answer is not given, according to economist Christina Sahlberg.
BusinessMore in The Swedish Central Bank
Page 10 of 20. Older stories are on the next page.
