• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Swedish amortisation requirements, mortgage caps gave resilience, Riksbank chief says

by January 21, 2025
written by January 21, 2025

STOCKHOLM (Reuters) – Amortisation requirements and mortgage caps in Sweden have safeguarded household resilience and served the economy well, Riksbank Governor Erik Thedeen said in a statement on Tuesday.

“The high level of debt, together with short periods for fixing interest rates, has made the Swedish economy more vulnerable,” he said ahead of a hearing of the Financial Stability Council in parliament’s finance committee.

“However, the combination of amortisation requirements, mortgage caps and banks’ credit assessments has meant that households and the Swedish economy were better equipped to handle the rapid rise in inflation and interest rates.”

A government-appointed commission recommended in November that Sweden ease rules on mortgage borrowing and repayment which have made it harder for new buyers to get into the housing market.

Financial Markets Minister Niklas Wykman said at the time that the government would decide in the first half of 2025 on how to adjust mortgage rules.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump pardons nearly all charged in Capitol attack, commutes sentences
next post
Trump holds off on Day 1 tariffs, but hints at duties for Canada, Mexico on Feb. 1

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (504)
    • Stock (6,426)

    Latest News

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • Earnings call: Anika Therapeutics Focuses on HA Products Amid Restructuring
    • Democratic SEC member to step down, leaving GOP in majority

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy