https://feeds.thelocal.com/ Read the latest news and views from Sweden in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Taking out a mortgage is a big commitment not only financially, but it also ties you more closely to both Sweden and anyone you're buying the property with. Here's our complete guide to understanding a Swedish mortgage. https://www.thelocal.se/20200103/how-to-get-a-mortgage-in-sweden Fri, 03 Jan 2020 11:49:08 +0100 how-to-get-a-mortgage-in-sweden The Swedish financial watchdog recently scrapped plans for new mortgage rules, meaning you can still buy a home in Sweden and never pay off the full loan. Here's The Local's guide to the five main things you need to know before taking your first step on to the property ladder in the Nordic country. https://www.thelocal.se/20150423/five-questions-before-buying-a-home-in-sweden Thu, 23 Apr 2015 17:42:00 +0200 five-questions-before-buying-a-home-in-sweden Swedes’ mortgage debts are continuing to grow and a lot of people will struggle to pay their bills if and when record-low interest rates start to climb, new figures show. https://www.thelocal.se/20160329/why-home-owners-will-struggle-when-swedish-rates-rise Tue, 29 Mar 2016 18:15:14 +0200 why-home-owners-will-struggle-when-swedish-rates-rise The Swedish government has announced that new rules to force lenders to amortize on their house loans now have the backing of parliament. https://www.thelocal.se/20150905/sweden-confirms-plans-for-new-mortgage-rules Sat, 05 Sep 2015 15:55:37 +0200 sweden-confirms-plans-for-new-mortgage-rules One of Sweden's biggest banks has warned that too many potential buyers in Gothenburg and Stockholm are set to spend more than 30 percent of their disposable income on monthly mortgage payments and related costs, putting them in danger of potential financial problems in future. https://www.thelocal.se/20150528/gothenburg-and-stockholm-buyers-in-trouble-zone Thu, 28 May 2015 17:34:00 +0200 gothenburg-and-stockholm-buyers-in-trouble-zone Sweden's financial watchdog announced on Thursday that it was abandoning its controversial bid for a price hike on new mortgages – just three months before the proposed plan would have come into effect. https://www.thelocal.se/20150423/swedish-watchdog-scraps-new-mortgage-rules Thu, 23 Apr 2015 13:40:28 +0200 swedish-watchdog-scraps-new-mortgage-rules Fancy owning a stunning home in Sweden for the same price as a shed in London or New York? It's the best time in years for Brits and Americans to invest in the Nordic nation, thanks to the weak kronor. Here's The Local's guide to snapping up a gorgeous property for less than €100,000 (£72,000, $106,009, 933,210 kronor). https://www.thelocal.se/20150414/six-beautiful-bargain-property-spots-in-sweden Tue, 14 Apr 2015 19:55:06 +0200 six-beautiful-bargain-property-spots-in-sweden Sweden's booming housing market has led to a trend in city apartments being sold to hand-picked customers rather than following open house public viewings, which are the norm in the Nordic nation. https://www.thelocal.se/20150413/one-in-five-flats-sold-before-public-viewings Mon, 13 Apr 2015 14:47:55 +0200 one-in-five-flats-sold-before-public-viewings UPDATED: Sweden's Prime Minister Stefan Löfven has unveiled his strategy for tackling the nation's housing crisis, pledging that 150,000 new homes will be built each year from 2016, in a move designed to help both Swedish and international workers. https://www.thelocal.se/20150325/housing-boost-plan-revealed-by-coalition Wed, 25 Mar 2015 13:15:07 +0100 housing-boost-plan-revealed-by-coalition If you're planning to get on the property ladder in Sweden, beware that mortgages are about to get more expensive. https://www.thelocal.se/20141111/price-hike-for-new-mortgages-in-sweden Tue, 11 Nov 2014 16:51:00 +0100 price-hike-for-new-mortgages-in-sweden Most Swedes with a home mortgage are doomed to die before repaying their debt, according to a study published on Wednesday by Sweden's central bank. https://www.thelocal.se/20140507/swedes-doomed-to-die-with-mortgages-central-bank Wed, 07 May 2014 16:35:00 +0200 swedes-doomed-to-die-with-mortgages-central-bank More Swedes are opting to lock down the interest rates on their mortgages, after several years where flexible loan rates have come to dominate the housing market. https://www.thelocal.se/20140402/interest-in-fixed-interest-rate-mortgages-rises-2 Wed, 02 Apr 2014 11:11:00 +0200 interest-in-fixed-interest-rate-mortgages-rises-2 After reviewing Sweden's mortgage-repayment system, the Swedish Financial Supervisory Authority (Finansinspektionen, FI) is considering enforcing compulsory mortgage amortization for Swedes as debt burdens surge. https://www.thelocal.se/20130910/50176 Tue, 10 Sep 2013 17:51:00 +0200 50176 The head of Sweden's central bank, Stefan Ingves, said on Tuesday that the government could be forced to make Swedes pay off their mortgages if the country's banks don't "take the responsibility" themselves. https://www.thelocal.se/20130115/45624 Tue, 15 Jan 2013 13:54:00 +0100 45624 Swedbank CEO Michael Wolf has proposed that Sweden adopts a law requiring mortgage amortization to ward off the threat of spiralling household debt to the Swedish economy, according to a report in the Dagens Industri (DI) daily. https://www.thelocal.se/20120724/42210 Tue, 24 Jul 2012 17:00:00 +0200 42210 Seemingly undeterred by the debt crisis, Swedish households are taking out more new loans than any other Europeans, according to a comparison of mortgages made by national TV station SVT. https://www.thelocal.se/20111120/37454 Sun, 20 Nov 2011 11:05:00 +0100 37454 Flat prices fell by 4 percent in Sweden in June compared to the previous month, according to fresh figures from Sweden’s real estate statistics website Mäklarstatistik. This marks the third month in a row that flat prices have fallen in Sweden. However, house prices still remain unchanged. https://www.thelocal.se/20110714/34928 Thu, 14 Jul 2011 12:58:00 +0200 34928 The majority of Swedes will experience a drop in their disposable incomes this year in comparison to 2009, with higher mortgage costs to blame, according to a new report published by Swedish bank Swedbank. https://www.thelocal.se/20110309/32496 Wed, 09 Mar 2011 16:10:00 +0100 32496 Home lending in Sweden has cooled following the introduction of a new mortgage cap, a majority of real estate agents believe, but has also resulted in the virtual disappearance of first-time home buyers. https://www.thelocal.se/20110128/31700 Fri, 28 Jan 2011 14:27:00 +0100 31700 Middle-aged Swedes take more interest rate risks than both their younger and older counterparts, a new study conducted by state-owned mortgage lender SBAB revealed on Thursday. https://www.thelocal.se/20110113/31402 Thu, 13 Jan 2011 10:17:00 +0100 31402