December 1, 2017 / 9:20 AM / a year ago

Swedish's Floden sees small effects from tighter mortgage rules

STOCKHOLM, Dec 1 (Reuters) - The effects on the Swedish housing markets from a tighter amortization requirement will be small, central bank Deputy Governor Martin Floden said on Friday.

“The (tighter) amortization requirement is aimed at a small group and the effects will be small, both on prices and building,” Floden told reporters.

On Thursday, Swedish gave a green light to its financial regulator to impose tougher mortgage-repayment rules on big borrowers.

Reporting by Stockholm Newsroom

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