Mortgages are dominated - still by the big banks.

But now they have been dragged into an interest rate war.

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They are aggressive, and really act to try to keep their customers and market shares, says Klas Danielsson, CEO of the bank SBAB, to SVT.

- They lower prices.

It is clear on the market that customers very often refer to having received a very nice offer from their existing bank, so we must also stay in and offer the right price, of course, says Klas Danielsson, who confirms that there is an interest rate war going on. 

The big banks are losing money 

The background to the interest rate war is that the large banks are losing lending, mainly Swedbank and Handelsbanken.

At the same time, smaller mortgage specialists such as SBAB and even smaller lenders are increasing sharply at the expense of the major banks in particular. 

- The mortgage deal is absolutely crucial for the major banks.

For Handelsbanken and Swedbank, it is more important than for Nordea and SEB.

But for all four banks, the mortgage business is essential, says Peter Malmqvist, who is an independent financial analyst. 

Fixed mortgage rates 

It is mainly on the longer, fixed housing interest rates that the major banks offer resistance.

This is shown by the public so-called average interest rates.

- There is greater mobility in the market.

There are more customers who change banks and move their mortgages between different players, and look for the best experience and the best interest rate, says Klas Danielsson at SBAB.

Neither Swedbank nor Handelsbanken want to be interviewed about market shares or interest rates right now