Länsförsäkringar bank puts its mortgage rates up likely the start for others to follow
Saturday, 24 August 2013
On August 26, mortgage lender, Länsförsäkringar will
raise its interest rates for mortgages for the loaning period range of
2 and 7 years.
According to a press release, the bank writes that the two-year
interest rate is pulled up 7 basis points to 3.07 percent and
three-year interest rate by 10 basis points to 3.18 percent.
Four-year rate increased ten basis points to 3.54 percent, while the
five-year rate is adjusted up 10 basis points to 3.61 percent. Seven
years increased by 7 basis points to 4.02 percent.
Lending rates for home loans for homes, vacation homes, and condominiums are left on the same level.
Below are the current mortgage rates, as amended, for housing loans for homes, vacation homes, and condominiums:
Fixation |
New interest |
Change |
| 3 months | 2.93% | UNCHANGED |
| 1 year | 2.94% | UNCHANGED |
| 2 years | 3.07% | 0.07% |
| 3 years | 3.18% | 0.10% |
| 4 years | 3.54% | 0.10% |
| 5 years | 3.61% | 0.10% |
| 7 years | 4.02% | 0.07% |
| 10 years | 4.30% | UNCHANGED |
| Source: Länsförsäkringar bank | ||
There are indications that the other lenders could follow the
crusade – afterall with the booming Swedish house market, this is a
major sources of revenue for the lenders.
by Scancomark.com Team
