Abstract
Overview
Introduction
Gross mortgage lending in 2006 fell by 5.7% over 2005 levels, adversely
affected by an increase in mortgage rates in 2006. What are the current issues
facing this market? How are housing policies affecting its performance? Who
are the biggest lenders? What will be the size of the sector in the next five
years? This report provides the answers.
Scope
- Covers the residential mortgage market.
- Provides market sizing data in terms of gross advances and balances
outstanding.
- Provides competitor market share for the top five players in terms of
balances outstanding.
- Looks at housing policies, regulations and issues in the mortgage market.
Report Highlights
House prices in Sweden have grown significantly in the last five years. Annual
house price growth has increased on a year-on-year basis for 2002-06, rising
from 6.3% in 2002 to 10.6% in 2006.
Typical mortgage interest rates in Sweden have increased steadily since Q4
2005 due to various increases in the central bank lending rate. In Q4 2006,
typical mortgage rates stood at 3.63%, an increase of 1.3 percentage points
over Q3 2005.
The majority of mortgages in Sweden are provided by the HCIs but some
commercial banks with no specialized mortgage institution also play a role in
this sector.
Reasons to Purchase
- Learn how the Swedish residential mortgage market has developed over the
last five years.
- Understand the recent developments in the mortgage market in terms of
regulations and competitor shares.
- Find out Datamonitor' s opinion on the future performance of the Swedish
mortgage market over the next five years and its future prospects.