Swedbank believes in a sharp rise in mortgage rates

Swedbank believes in a sharp rise in mortgage rates

The bank’s economists believe that inflation will remain at high levels during the autumn and thus stress the Riksbank to accelerate with interest rate increases. In April next year, the bank believes in a policy rate of 1.75 percent.

Swedbank estimates that the variable mortgage rate will be 3.4 percent in one year, which is a doubling compared with the current level.

Read more: Where can you afford to live – see DN’s housing guide

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