Sweden's household loan growth rose to 3.4% in September, reaching a nearly four-year high.

⑴ In September 2026, Swedish household loans grew by 3.4% year-on-year, compared to a growth of 3.3% in the previous month, marking the highest growth rate since December 2022. ⑵ Housing loans, which account for 83% of household credit, increased by 3.6%, while consumer loans, which make up 6%, rose by 1.6%. ⑶ Meanwhile, loans to non-financial enterprises grew by 4.0%. ⑷ Borrowing costs showed mixed performance. The average interest rate on new housing loans rose from 2.78% to 2.83%, while the average floating mortgage rate dropped slightly from 2.73% to 2.72%. ⑸ The average fixed rate on housing loans with terms between one and five years climbed from 3.18% in August to 3.39%, while the average fixed rate on newly signed agreements with terms from three months to one year increased from 2.79% to 3.04%. ⑹ At the same time, household deposits edged up from SEK 2.974 trillion to SEK 2.974 trillion, with demand deposits accounting for 74% of total savings, or SEK 2.2 trillion.