Swedish Household Lending Growth Rises to 3.1%

2026-04-29 06:42 By Nicole Aliyah 1 min. read

The annual growth rate of lending to Swedish households rose to 3.1% in March 2026 from 3.0% in the previous month, and remained at the highest level since January 2023.

Housing loans, which accounted for 83% of total household lending, also grew by 3.0%, while consumer loans, representing around 6% of household lending, increased by 3.5%.

Lending to non-financial corporations expanded 3.2%, a sharp turnaround from a 0.6% increase in the same month last year.

Meanwhile, the average floating mortgage rate edged up to 2.65% in March from 2.64% in February.

The average fixed rate on new housing loans with maturities of 15 years rose to 3.02% from 2.90% in the previous month, while the average interest rate on new mortgage agreements increased to 2.74%.

On the funding side, household deposits totaled SEK 2,902 billion, with 74% held in on-demand accounts, amounting to SEK 2,158 billion.



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Swedish Household Lending Growth Rises to 3.1%
The annual growth rate of lending to Swedish households rose to 3.1% in March 2026 from 3.0% in the previous month, and remained at the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew by 3.0%, while consumer loans, representing around 6% of household lending, increased by 3.5%. Lending to non-financial corporations expanded 3.2%, a sharp turnaround from a 0.6% increase in the same month last year. Meanwhile, the average floating mortgage rate edged up to 2.65% in March from 2.64% in February. The average fixed rate on new housing loans with maturities of 15 years rose to 3.02% from 2.90% in the previous month, while the average interest rate on new mortgage agreements increased to 2.74%. On the funding side, household deposits totaled SEK 2,902 billion, with 74% held in on-demand accounts, amounting to SEK 2,158 billion.
2026-04-29
Swedish Household Lending Rate Unchanged in February
The annual growth rate of lending to Swedish households stood at 3% in February 2026, unchanged from the previous month, and remained at the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew steadily at 2.9%, while consumer loans, representing around 6% of household lending, edged down by 3.1%. Lending to non-financial corporations expanded by 3.8%, from a 0.3% growth in the same month last year. Meanwhile, the average floating mortgage rate ticked down to 2.64% in February from 2.66% in January, while the average fixed rate on new housing loans with maturities of 1-5 years decreased to 2.90% from 2.98% in the previous month. The average interest rate on new mortgage agreements inched down to 2.66%. On the funding side, household deposits totaled SEK 2,891 billion, with 75% held in on-demand accounts.
2026-03-26
Swedish Household Lending Growth at 3-Year High
The annual growth rate of lending to Swedish households rose to 3% in January 2026 from 2.9% in the previous month, marking the highest level since January 2023. Housing loans, which accounted for 83% of total household lending, also grew steadily at 2.9%, while consumer loans, representing around 6% of household lending, increased by 3.2%. Lending to non-financial corporations expanded 3.7%, a sharp turnaround from a 0.5% contraction in the same month last year. Meanwhile, the average floating mortgage rate edged higher to 2.66% in January from 2.65% in December, while the average fixed rate on new housing loans with maturities of 1–5 years rose to 2.98% from 2.93% in the previous month. The average interest rate on new mortgage agreements increased slightly to 2.7%. On the funding side, household deposits totaled SEK 2,888 billion, with 75% held in on-demand accounts.
2026-02-26