In a new forecast, the state-owned bank SBAB expects the variable mortgage interest rate, measured as the average interest rate for the entire mortgage market, to be around 3.1 percent by the summer.
But it won't get any lower than that.
According to the bank's forecast, the variable interest rate will then rise slightly, to 3.3 percent, in January 2026 and then remain around that level for the next two years.
The forecast for the mortgage interest rate is based on the assumption that the Swedish Central Bank will lower the interest rate by another 0.75 percentage points before the end of the year and then by 0.25 percentage points in January and May next year.
SBAB believes in a double rate cut of 0.50 percentage points in December.
In January next year, SBAB expects the three-month interest rate to be around 3.4 percent.
