Sweden Household Lending Growth Rises to 3.2%

2026-07-27 06:08 By Kyrie Dichosa 1 min. read

The annual growth rate of lending to Swedish households rose to 3.2% in June 2026 from 3.1% in May, marking its highest level since January 2023.

Housing loans, which accounted for 83% of total, increased by 3.3%, while consumer loans, representing 6% of household lending, grew by 1.1%.

Lending to non-financial corporations also rose by 3.9%.

Meanwhile, borrowing costs continued to ease, with the average interest rate on new housing loan agreements declining to 2.80% from 2.83% in May, while the average floating mortgage rate fell to 2.75% from 2.78%.

The average fixed rate on new housing loans with maturities between one and five years also decreased to 3.21% from 3.25%.

The average interest rate on new loans to non-financial corporations dropped to 3.31%, the lowest level since September 2022.

On the funding side, household deposits increased to SEK 2,983 billion, with demand deposits accounting for 75% of total deposits, equivalent to SEK 2,225 billion.



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Sweden Household Lending Growth Rises to 3.2%
The annual growth rate of lending to Swedish households rose to 3.2% in June 2026 from 3.1% in May, marking its highest level since January 2023. Housing loans, which accounted for 83% of total, increased by 3.3%, while consumer loans, representing 6% of household lending, grew by 1.1%. Lending to non-financial corporations also rose by 3.9%. Meanwhile, borrowing costs continued to ease, with the average interest rate on new housing loan agreements declining to 2.80% from 2.83% in May, while the average floating mortgage rate fell to 2.75% from 2.78%. The average fixed rate on new housing loans with maturities between one and five years also decreased to 3.21% from 3.25%. The average interest rate on new loans to non-financial corporations dropped to 3.31%, the lowest level since September 2022. On the funding side, household deposits increased to SEK 2,983 billion, with demand deposits accounting for 75% of total deposits, equivalent to SEK 2,225 billion.
2026-07-27
Sweden Household Lending Growth Edges Up to 3.1%
The annual growth rate of lending to Swedish households edged up to 3.1% in May 2026 from 3.0% in April, marking its highest level since January 2023. Housing loans, which accounted for 83% of total household lending, grew by 3.2%, while consumer loans, representing around 6% of household lending, increased by 1.6%. Lending to non-financial corporations also accelerated to 3.3% from 3.1% in the previous month. Meanwhile, mortgage borrowing costs eased, with the average floating housing loan rate declining to 2.78% from 2.81%, while the average fixed rate on new housing loans with maturities between one and five years fell to 3.25% from 3.29%. The average interest rate on new mortgage agreements also decreased to 2.83% from 2.88%. On the funding side, household deposits rose to SEK 2,967 billion, with 74% held in demand accounts, amounting to SEK 2,208 billion.
2026-06-26
Sweden Household Lending Growth Steady at 3%
The annual growth rate of lending to Swedish households remained at 3.0% in April 2026, unchanged from March, and holding at its highest level since January 2023. Housing loans, which accounted for 83% of total household lending, grew by 3.1%, while consumer loans, representing around 6% of household lending, increased by 1.5%. Lending to non-financial corporations also went up 3.1%. Meanwhile, the average floating mortgage rate rose to 2.81% in April from 2.65% in March. The average fixed rate on new housing loans with maturities between one and five years increased to 3.29% from 3.02% in the previous month, while the average interest rate on new mortgage agreements climbed to 2.88%. On the funding side, household deposits totaled SEK 2,941 billion, with 74% held in demand accounts, amounting to SEK 2,190 billion.
2026-05-29