The interest rate has reduced housing costs – Swedish newspaper Svenska Dagbladet

The interest rate has reduced housing costs – Swedish newspaper Svenska Dagbladet

– The explanation is mainly falling interest rates and rising disposable incomes. This is probably rate the biggest factor, says Jens Magnusson, private economist at SEB.

SEB has transferred 1 000 households answer questions about housing costs, calculated as rent or monthly fee, mortgage rates, mortgage payments and ongoing operating costs.

During parts of 2011 low variable mortgage rates of around 4 per cent, against today about 2 percent.