STOCKHOLM (Reuters) – Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous year, but the majority of households still have good buffers in their personal finances, a report by the financial watchdog showed on Tuesday.
“Mortgagors are under pressure from rising interest rates,” the Financial Supervisory Authority said in its regular mortgage market report.
“At the same time, the majority of new mortgagors continue to have good margins in their personal finances,” it added.
(Reporting by Simon Johnson, editing by Essi Lehto)