Swedish three-year mortgages ranged from 2.85% to 3.56% in March 2026
Sparbanken Mälardalen was lowest and ICA Banken highest on three-year fixes in March 2026. Skandia cut 0.11 percentage points to 2.92%, passing Swedbank.
In March 2026, the banks' three-year average mortgage rates ("snitträntor") were 0.71 percentage points apart. Sparbanken Mälardalen was lowest at 2.85% and ICA Banken highest at 3.56%. The banks' current three-year rates are in the comparison of mortgage rates.
Variable rate, 3 months
Skandia had the lowest average variable rate at 2.50%. Avanza, Nordnet and Stabelo shared second place, each reporting a three-month average of 2.61%. The banks' median variable rate increased by 0.03 percentage points from February 2026 to 2.68%. The median excludes savings banks ("sparbanker") and margin lenders ("marginallångivare").
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Skandia |
2.50% |
| 2 |  Avanza |
2.61% |
| 2 |  Nordnet |
2.61% |
| 2 |  Stabelo |
2.61% |
Fixed rate, 1 year
JAK Medlemsbank kept first place for one-year mortgages. Its average was 2.48%, up 0.04 percentage points from February 2026. Sparbanken Mälardalen was second at 2.59%. Danske Bank's average rose 0.09 percentage points to 2.62%.
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  JAK Medlemsbank |
2.48% |
| 2 |  Sparbanken Mälardalen |
2.59% |
| 3 |  Danske Bank |
2.62% |
Fixed rate, 3 years
Sparbanken Mälardalen remained lowest for three-year mortgages at 2.85%, up 0.11 percentage points from February 2026. Skandia moved ahead of Swedbank into second place as its average fell 0.11 percentage points to 2.92%.
| Rank | Bank | Average rate |
|---|---|---|
| 1 | Sparbanken Mälardalen |
2.85% |
| 2 | Skandia |
2.92% |
| 3 |  Swedbank |
2.96% |
Highest average rates
Ekobanken was highest for variable mortgages at 3.36%, up 0.03 percentage points from February 2026. Nordea's 3.05% was the highest one-year average. ICA Banken had the highest three-year average at 3.56%.
Variable rate, 3 months
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Ekobanken |
3.36% |
| 2 | JAK Medlemsbank |
3.26% |
| 3 |  Ålandsbanken |
3.02% |
Fixed rate, 1 year
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Nordea |
3.05% |
| 2 |  Handelsbanken |
3.04% |
| 3 |  Ikano Bank |
2.92% |
Fixed rate, 3 years
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  ICA Banken |
3.56% |
| 2 |  Länsförsäkringar |
3.29% |
| 3 | Handelsbanken |
3.26% |
Margin lenders
For three-month mortgages, Bluestep Bank reported an average of 5.99%, Svea Bank 5.94% and 60plusbanken 5.88%. The same period's averages at Marginalen Bank, Nordax Bank and Northmill Bank were 6.26%, 4.65% and 6.59%, respectively.
At Bluestep Bank, the one-year and three-year averages were 6.26% and 6.51%, respectively, with a five-year average of 6.87%. Each customer's rate is set after a credit assessment, so margin lenders' averages cannot be compared with the banks'.
The average rate is the figure each bank reports for its mortgages with a given fixed-rate period during the month. It does not show the rate you would get, which depends on factors such as your loan-to-value ratio and income. Bolån Radar collects the figures from the banks' websites and cannot guarantee that they are complete or correct. This article is not advice on loans or fixed-rate periods.