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Bank loan, for the apartment, details

fluctuated or fixed rate

ToSheila
post 20.Jan.2018, 11:44 AM
Post #1
Joined: 26.Jul.2017

Hej!

What would forum members advise if one should opt for fixed or fluctuated interest rate when taking bank loan for apartment?

Tack! smile.gif
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Essingen55
post 20.Jan.2018, 01:52 PM
Post #2
Joined: 12.Dec.2013

Depends on your individual circumstances, but there is a general feeling that the world is about the see the return of inflation. This would argue in favour of longer fixing periods, particularly if you can get reductions from the generally advertised interest rates.
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axiom
post 20.Jan.2018, 03:10 PM
Post #3
Location: Stockholm
Joined: 24.May.2011

I am not a financial advisor but I would take variable for now, base interest rates are unlikely to rise within the next 18months. But then change to a fix rate when the rates start going up.
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Essingen55
post 20.Jan.2018, 04:25 PM
Post #4
Joined: 12.Dec.2013

Well of course there is no such offering as variable these days. The shortest you can get is 3 months.

If you look at these...

https://www.compricer.se/borantor/#three_months_to_two_years

you will see that rates are pretty much flat...at least out to 3 years.

Most commentators think that the Riksbank will raise rates for the first time sometime between June and September this year. One thing is certain, they will not fall further. The Fed has already raised them several times in the US and the BofE has started in the UK.
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