More and more new mortgage customers choose flexible

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“The interest in variable interest is at a record high. In August, the variable interest rate was lower than the longer fixed interest rates. If you believe that it will continue to do so in the future, that is a likely explanation for the markedly increased interest in variable interest rates. I believe that many now are also particularly keen to find the cheapest option,” says Claudia W├Ârmann, housing economist at SBAB, in a press release.

During the same time period, 14 percent of those with new home loans chose to have a mix of fixed and variable mortgages, while six percent chose everything tied.

For those with condominiums, eight percent chose a mix and six percent fully tied.