Catch up locals' news in English
2019-11-12T09:18:47.085Z
The banks' profits on household mortgage loans shrank slightly further in the third quarter, according to the Swedish Financial Supervisory Authority's quarterly measurements.
The so-called gross margin, the banks' actual lending rate less their financing costs, fell from 1.44 to 1.42 per cent during the quarter.
Banks' mortgage margins peaked at almost 1.7 percent in 2017.
This can be compared to just over 0.2 percent in 2009.
Source: svt
