Tuesday , October 26 2021

Stordebanken Nordea lowers mortgage rates.



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If banks lower interest rates by 0.03, 0.04, and 0.05 percentage points, Nordea's loans at the expiration of one, two or three years are 1.99%.

The reduction is expected to take effect on Monday.

The number of people who choose five years decreased by 0.02 percentage points to 2.29 percent.

"We want a competitive offer for long-term interest rates before Riksbank is expected to start raising the repo rate at a slow pace. Recently we cut interest rates on the two options, Step and lower interest rates. "Nordea's mortgage lender, Michael Skytt, told the bank in the morning's press release.

See also: Frida Bratt: Here is the mortgage rate you have to prepare

Interest rate hikes

Riksbank has signaled several times that a rate hike will occur in December or February next year.

Nordea thinks that customers should start thinking about bundling.

"We think it's a good idea for customers to bind all or part of their mortgage portfolio," says Michael Skytt.

Variable interest rates do not change.

Also read: Governor Stefan Ingves: Mortgage Rates Double

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