Tag: amortization
Riksbank chief skeptical of lowered amortization requirements
The purpose of the proposal is to make it easier to both take out and have a home loan by limiting the amortization requirement to one percent of the loan…
The government wants to raise the mortgage ceiling and lower the amortization requirement
In April 2023, the government tasked national economists John Hassler and Peter Englund and the Financial Supervisory Authority’s former director general Martin Andersson to review the mortgage ceiling and the…
SD pushes for discontinued amortization requirement
“It affects young adults and single people to a greater extent than other groups,” writes SD’s economic policy spokesperson Oscar Sjöstedt, among others. The second amortization requirement was introduced in…
Here, the opposition is pressuring the prime minister about the amortization requirement: “breach of election promise”
The moderates promised during the election campaign to pause the amortization requirement, but such a stop has not happened. Last spring, the government appointed a committee to analyze how the…
The economists: Here are the arguments for and against the amortization requirement
SEK 469,000. Every Swede had loans this high on average at the end of 2022. And the Swedes’ debt ratio, i.e. the households’ total debts in relation to their income,…
More people apply to pause the amortization
In order to be granted temporary amortization freedom, the household needs to demonstrate a greatly reduced income. Common reasons are unemployment or sick leave – but also increased expenses. Despite…
The Minister of Finance on the amortization requirement: Is there a need for restraint
“The government should point with its whole hand and pause the amortization requirement. The households are worried and it does not need to be evaluated or investigated”. That’s what it…
More may pause their amortization in expensive times
SEB states that the bank has seen a significant increase in the number of applications for amortization-free loans, and that more have been granted an amortization break. Länsförsäkringar has given…
Ingves on discontinued amortization requirement: “There is always a quest for a free lunch”
– We have a need to bring down inflation in Sweden and then we raise the interest rate. If you then start to compensate for that by changing the amortizations…
S wants to reconsider the amortization requirement: “Big step from the government”
It is time to review the amortization requirement and the mortgage ceiling, the government believes. Rising inflation and mortgage rates have made it tough for Swedish households. The Financial Supervisory…