Updated: Today 07:37 Published: Today 07:37
Handelsbanken, one of the largest mortgage banks in Sweden, is lowering its so-called list interest rate on mortgages with a three-month fixed term by 0.20 percentage points, the bank writes in a press release.
Handelsbanken’s average three-month interest rate in August this year was 4.38 percent.
Movable mortgages are by far the most common fixed term for mortgages on the Swedish mortgage market.
Handelsbanken’s reduction comes ahead of next week’s interest rate announcement from the Riksbank, which is then expected to lower its key interest rate by at least 0.25 percentage points.