Raising Mortgage Rates: The Bank's Reason

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Danske Bank is raising fixed mortgage rates. Rising market interest rates are cited as the reason.

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Danske Bank raises fixed mortgage rates. Rising market interest rates are cited as the reason. The listed interest rate on fixed mortgages is being raised by up to 0.25 percentage points. "The uncertain situation and volatility in the financial markets remain. Geopolitical tensions, higher energy and commodity prices and changed expectations for future policy rates have contributed to the rise in long-term market rates," says Nicklas Ilebrand, H…

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On Friday, Danske Bank will raise the Swedish mortgage interest rates that the bank offers for fixed-rate periods between one and ten years by 0.10-0.25 percentage points each. The three-month interest rate, however, will be left unchanged.