2026.04.2906:42:04UTC+00Swedish 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 February, remaining at its highest level since January 2023. Housing loans, which accounted for 83% of total household lending, increased by 3.0%. Consumer loans, representing about 6% of household lending, grew by 3.5%.

Lending to non-financial corporations expanded by 3.2%, marking a sharp reversal from the 0.6% increase recorded in the same month a year earlier.

The average floating mortgage rate inched up to 2.65% in March from 2.64% in February. The average fixed rate on new housing loans with maturities of 1–5 years rose to 3.02% from 2.90% in the previous month, and the average interest rate on new mortgage agreements increased to 2.74%.

On the funding side, household deposits amounted to SEK 2,902 billion, of which 74%—or SEK 2,158 billion—was held in on-demand accounts.