After the Interest Rate Hikes: Should You Lock in the Mortgage Interest Rate Now?
9 Articles
9 Articles
This week your mortgage could become more expensive. Handelsbanken's chief economist has clear advice.
Around the world, central banks are raising interest rates, and in Sweden, there are banks that have started to raise fixed mortgage rates. Is now the time to fix mortgage rates? – The likelihood that several banks will need to raise rates is quite high, says Claudia Wörmann, private economist at the Bostadsrätterna organization in SVT's Ekonomibyrån.
We are approaching another interest rate meeting. Everyone with a mortgage will soon have to calculate interest rates and possible increased costs.
The European Central Bank (ECB) has recently raised its key rates by 0.25% in order to combat persistent inflation. This decision has a direct effect on banks and can lead to an increase in mortgage lending rates. Have you subscribed to a fixed rate credit? In this case, nothing changes for you. However, if your credit is accompanied by a variable rate, your monthly payments may increase when the rate is revised.
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