The average interest rate on variable-rate mortgages in Sweden fell to 2.75% in June, according to data from mortgage broker Zmarta.
The decline marks a continued easing of borrowing costs for Swedish households, as lenders adjust their pricing in response to stabilizing macroeconomic conditions.
Fixed-rate mortgages also saw downward pressure, with the average rate for a three-year term dropping to 3.30%.
The synchronized decline across both variable and fixed products suggests that banks are increasingly confident in the trajectory of underlying inflation and central bank policy.
This development aligns with broader trends across Europe, where cooling inflation has begun to translate into lower financing costs.
In Germany, consumer price inflation eased to 2.3% year-on-year in June, down from 2.6% the previous month, driven by lower energy prices.