Friday, December 12, 2014

Amortization Requirements presses purchasing power – Swedish newspaper Svenska Dagbladet

Amortization Requirements presses purchasing power – Swedish newspaper Svenska Dagbladet

Extended amortization requirements from banks presses households, despite falling interest rates and rising disposable incomes, according to Swedbank.

Meanwhile, an interest-rate analysis from the Building Owners, under which mortgage rates will remain at low levels for a long time.

“Inflation and inflation expectations continue to fall, making the Riksbank shoot a rate increase far into the future,” writes property owners in a press release.

“There is absolutely no reason to rush to the bank to fix the interest rate, “commented Property Federation chief economist Thomas Ernhagen.

The State Bank SBAB warns that rely on low variable interest rates well into the future.

” Is it something that is surely it is that interest rates will rise. For those who wish to insure themselves against this and keep an eye on housing costs is situation right now is very favorable for binding, “writes Karin Hellgren, CIO at SBAB.

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