The average interest rate is the highest since 2012

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Since then, the Riksbank has raised the key interest rate by a further 0.75 percentage points.

On fixed loans, with fixed terms between one and five years, the average interest rate on new mortgage agreements was 3.90 percent.

Statistics Sweden’s statistics also show that loan growth on mortgages is decreasing further and was low in October at 5.0 percent. Total lending for all types of loans to households was 4.5 percent in October, the lowest rate of increase in ten years.

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