Storbanken lowers the variable mortgage interest rate

Handelsbanken, one of the two largest lenders on the Swedish mortgage market, is lowering the interest rate on floating mortgages with a three-month term by 0.25 percentage points.

The announcement comes after Skandia lowered its variable mortgage rate by 0.05 percentage points last Thursday.

The reductions come ahead of next week’s interest rate announcement from the Riksbank, where a reduction of the key interest rate by 0.25 percentage points is expected.

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