More Swedish Households Consider Fixing Their Mortgage Rates as Riksbank Signals Rate Rises
SEB's housing price indicator shows that more and more households are considering fixing their variable mortgage rates.
BusinessSEB's housing price indicator shows that more and more households are considering fixing their variable mortgage rates.
BusinessIn the wake of a strong stock market rally, shares have overtaken real estate as the largest asset class among Swedish households, according to SEB's Savings Barometer for the second quarter.
BusinessSwedes can head to the polls with their spending pants on. Households have been better off in recent years. People probably feel significantly richer than they did four years ago, says Anders Stenkrona, private economist at Nordea.
BusinessThe proportion that believes prices will rise in the housing market is increasing, according to SEB's house price indicator for July.
BusinessMajor bank SEB sees a "thaw" in the Swedish housing market.
BusinessOver the past ten years, the cost of raising a child has risen by almost one million kronor. From cradle to their 18th birthday, a child now costs 2.2 million kronor - and even more if a parent chooses to work part-time. That's an enormous increase in just ten years, says Américo Fernández, private economist at SEB.
BusinessSwedish households do not believe the government's VAT reduction on food will lead to cheaper food, according to a survey commissioned by the bank SEB. Halving the food VAT is not a life-changing situation, says SEB's private economist Américo Fernández.
BusinessStock market screens are flashing red after this weekend's attacks in the Middle East, while oil prices are rising. According to several experts, the unrest could affect Swedish wallets in both the short- and long-term.
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