No more amortization exception in Sweden as a result of covid effects

After almost one and a half year of financial relief in form of exception from mortgages amortization for people with high loan-to-value and debt-to-income ratios Finansinspektionen (FI) has now decided to end this on August 31.

This shows in one way that the Swedish people haven’t been as financially damaged by the effects from covid-19 as first feared, but FI is also worried that a continuation of this exception would lead to increased mortgages and housing prices.

More information in the link below.