SBAB Raises Fixed Mortgage Rates
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On Monday, state mortgage bank SBAB will raise its listed interest rates on fixed-term loans between one and ten years by 0.15-0.25 percentage points each. The so-called floating three-month interest rate, however, will be left unchanged.
The state-owned mortgage bank SBAB is taking a swipe at Danske Bank and raising interest rates on mortgages with a 1-10 year fixed term. The increase of 0.15-0.20 percentage points is explained by higher long-term market interest rates. "The recent rise in longer-term market interest rates has resulted in higher costs for our financing and therefore we now need to adjust mortgage rates upwards. At the same time, we are also raising the longer-te…
The state-owned mortgage bank SBAB, which also operates the housing platform Booli, will increase the listed interest rates the bank offers on fixed-interest periods between one and ten years by 0.15-0.25 percentage points each on Monday. This is stated on SBAB's website. The three-month interest rate, however, will be left unchanged.
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