Mortgage Rate in Sweden decreased to 3.03 percent in May from 3.13 percent in April of 2025. This dataset includes a chart with historical data for Sweden Average Interest Rate on New Agreements for Mortgages to Households.

The mortgage interest rate in Sweden rose dramatically in 2022, following a long period of mortgages maintaining rates below two percent. In the fourth quarter of 2024, the average weighted interest rate stood at **** percent, more than two percentage points above the rate in the fourth quarter of 2021. In Europe, Sweden's mortgage interest rate ranked alongside Germany and Portugal.  Homeownership in Sweden  The homeownership rate in Sweden did not vary significantly over the period from 2008 to 2019. It peaked in 2010 and slightly fluctuated the following years. The rate was lowest in 2019, amounting to roughly **** percent. Profile of the European homeowner  Swedes, Germans, Austrians, Turks, and Danes are the European citizens for who homeownership was the least common. Romania was the country with the highest homeownership rate among selected European countries in 2021, followed by Slovakia. Both countries had a rate higher than ** percent. In general, it seemed to be more common to own a home in Eastern European countries than in the Western part of the continent.

The benchmark interest rate in Sweden was last recorded at 2 percent. This dataset provides the latest reported value for - Sweden Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Lending Rate in Sweden decreased to 2.10 percent in June from 2.35 percent in May of 2025. This dataset provides - Sweden Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total outstanding residential mortgage lending in Sweden increased with some fluctuation from 2016 to 2024, reaching a value of close to *** billion euros in the fourth quarter of 2024. Sweden has a well-developed mortgage market, making it one of the leading countries in Europe by value of mortgages outstanding. The mortgage interest rate in Sweden rapidly increased in 2022.

Key information about Sweden Bank Lending Rate

• Sweden Bank Lending Rate was reported at 2.350 % pa in Mar 2025.
• This stayed constant from the previous number of 2.350 % pa for Mar 2025.
• Sweden Bank Lending Rate data is updated daily, averaging 0.400 % pa from Jun 1994 to 25 Mar 2025, with 11016 observations.
• The data reached an all-time high of 4.100 % pa in 14 May 2024 and a record low of 0.100 % pa in 03 May 2022.
• Sweden Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Daily.

In 2024, the quarterly gross residential mortgage lending in Sweden rose compared to the previous year. Since 2015, the Swedish mortgage market saw between ***and ** billion euros in new mortgage lending. In the fourth quarter of 2024, this figure amounted to ***** billion euros. Overall, mortgage markets in Europe have contracted since 2021. This trend has to do with the worsening economic conditions and the rising interest rates — a trend observed across most European countries.

Mortgage rates in the Netherlands increased sharply in 2022 and 2023, after declining gradually between 2008 and 2021. In December 2022, the average interest rate for new mortgage loans stood at **** percent, and by the end of 2023, it had risen to **** percent. The 10-year interest rate was the lowest, at **** percent; the floating and less than one-year interest rates amounted to **** and **** percent, respectively. In early 2024, mortgage rates decreased notably. Are mortgage rates in the Netherlands different from those in other European countries? When comparing this ranking to data that covers multiple European countries, the Netherlands’ mortgage rate was similar to the rates found in Spain, the United Kingdom, and Sweden. It was, however, a lot lower than the rates in Eastern Europe. Hungary and Romania, for example, had some of the highest mortgage rates. For more information on the European mortgage market and how much the countries differ from each other, please visit this dedicated research page. How big is the mortgage market in the Netherlands? The Netherlands has overall seen an increase in the number of mortgage loans sold and is regarded as one of the countries with the highest mortgage debt in Europe. The reason behind this is that Dutch homeowners were able to for many years to deduct interest paid from pre-tax income (a system known in the Netherlands as hypotheekrenteaftrek). Total mortgage debt of Dutch households has been increasing year-on-year since 2013.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

The United Kingdom, Germany, and France were the countries with the largest mortgage markets in Europe in 2024, when considering the value of loans outstanding. In the second quarter of the year, the UK had more than 1.9 billion euros worth of mortgages outstanding. Other countries with large mortgage markets included the Netherlands, Spain, Sweden, and Italy - all exceeding 400 billion euros. One of the main drivers of mortgage activity is the cost of borrowing. In 2022, interest rates increased dramatically across Europe. Ireland, and Germany remained among the few countries with an average interest rate under four percent.

The total outstanding residential mortgage lending in Sweden increased with some fluctuation from 2016 to 2024, reaching a value of close to 468 billion euros in the second quarter of 2024. Sweden has a well-developed mortgage market, making it one of the leading countries in Europe by value of mortgages outstanding. The mortgage interest rate in Sweden rapidly increased in 2022.

In May 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in May 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Sweden - Housing cost overburden rate: Owner, with mortgage or loan was 4.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Housing cost overburden rate: Owner, with mortgage or loan - last updated from the EUROSTAT on July of 2025. Historically, Sweden - Housing cost overburden rate: Owner, with mortgage or loan reached a record high of 4.70% in December of 2024 and a record low of 1.70% in December of 2018.

Sweden - Overcrowding rate: Owner, no outstanding mortgage or housing loan was 5.60% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Overcrowding rate: Owner, no outstanding mortgage or housing loan - last updated from the EUROSTAT on June of 2025. Historically, Sweden - Overcrowding rate: Owner, no outstanding mortgage or housing loan reached a record high of 6.30% in December of 2011 and a record low of 3.20% in December of 2015.

Sweden - Severe housing deprivation rate: Owner, with mortgage or loan was 0.70% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Severe housing deprivation rate: Owner, with mortgage or loan - last updated from the EUROSTAT on July of 2025. Historically, Sweden - Severe housing deprivation rate: Owner, with mortgage or loan reached a record high of 0.90% in December of 2020 and a record low of 0.30% in December of 2006.

Sweden - Overcrowding rate: Owner, with mortgage or loan was 6.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Sweden - Overcrowding rate: Owner, with mortgage or loan - last updated from the EUROSTAT on June of 2025. Historically, Sweden - Overcrowding rate: Owner, with mortgage or loan reached a record high of 6.20% in December of 2024 and a record low of 3.70% in December of 2014.

In 2024, Turkey, Iceland, Portugal, and Hungary had the highest house price to rent ratio index in Europe. The four countries ranked the highest, with house price to rent indices exceeding *** index points. The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries, with 2015 used as a base year. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index amounted to 100. In terms of house price to income ratio, the top three countries were Portugal, Luxembourg, and Hungary Homeownership in Europe Homeownership varies widely across European countries. In some, such as Austria, Germany and Switzerland, homeownership is relatively low with less than ********** of people occupying a dwelling owned by a member of the household. In other countries (Iceland, the Netherlands, Norway, and Sweden) more than **** of people were owner-occupiers with a mortgage. A third group of countries with a high homeownership rate without a housing loan includes many Eastern and South European countries, among which were Serbia, Romania, North Macedonia, Italy, and Bulgaria. Dwellings as a non-financial asset Dwellings, along with structures, land, and intellectual property, are classed as non-financial assets and form an important part of household wealth. Through sale, refinancing or renting, they can serve as an additional source of income. In 2022, France, Germany, and Norway were the European countries with the highest value of dwellings per capita as a non-financial asset with values between ****** and ****** euros per capita.