Average mortgage rates in Sweden fell notably in July, according to new data from Statistics Sweden (SCB). The average rate for household housing loans dropped to 2.84%, down from 3.01% in June.
- Rates on variable loans eased to 2.86% (from 3.04%), while those on loans with fixed terms of 1–5 years declined to 2.87% (from 2.97%).
- Mortgage lending growth accelerated to 2.4% year-on-year, compared with 2.2% in June.
- Total household lending by monetary financial institutions reached SEK 5,072 billion, of which mortgages accounted for 83%.
“We see household mortgage rates decreasing across the board in July, both for variable and fixed-term loans,” said SCB economist Andrea Schöldtz.
The easing rates reflect growing momentum in Sweden’s housing credit market, even as broader lending conditions remain cautious compared to last year’s peaks.
Source: SCB – Statistiska centralbyrån (27 August 2025 release)
