Published today 10:05
The increase in household borrowing continues at the same rate, 5.6 percent. And in August passed a new frontier, 3.000 billion, or three trillion. So much households have borrowed from banks and other financial companies, according to new figures from Statistics Sweden.
increase in household borrowing continues at the same rate, 5.6 percent. And in August passed a new frontier, 3.000 billion, or three trillion. So much households have borrowed from banks and other financial companies, according to new figures from Statistics Sweden.
Household mortgage rates, the loan agreement signed in August, fell to an average of 2.15 percent, compared with 2.21 percent the month before.
Both variable (three-month rate) and fixed interest rates fell.
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Mortgage rates have fallen markedly in the summer, cheered on by the Riksbank’s policy rate cut in early July. Between June and July, the average mortgage rate on new business on average by 0.16 percentage points to 2.21 percent.
Between June and August, then the average interest rate on new housing loans fell by 0.22 percentage points, from 2.37 percent to 2.15 percent, according to Statistics Sweden. Latest interest rates remained at the low level was in May 2010.
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