SBAB lowers all mortgage interest rates

Published 23 July 2024 at 11.59

Economy. State SBAB lowers its mortgage rates, citing that we are in a period of falling interest rates.

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SBAB lowers the 3-month interest rate by 0.15 percentage points, which gives a list rate of 4.62.

At the same time, SBAB also lowers all fixed mortgage rates with a fixed term of one to ten years by between 0.10 and 0.25 percentage points. This gives, for example, a list rate on the 2-year rate of 4.01 (-25). The changes come into effect today, Tuesday.

– We know that the interest rate rises in recent years have put a heavy burden on many households. Therefore, it is gratifying that we can once again lower mortgage interest rates. During the year, SBAB has gradually lowered mortgage interest rates, and now we have the opportunity to do so again. We made a reduction on fixed loans 1–5 years at the beginning of July and this time we are reducing across the board. We are in a period of falling interest rates and we are keen for our customers to take part in this, says Mikael Inglander, CEO of SBAB, in a statement.