Swedish FSA tells government not to ease mortgage rules

STOCKHOLM (Reuters) – Sweden’s mortgage-repayment rules should not be eased or paused to offset higher interest rates and the cost of living crisis, the financial watchdog said in a statement on Friday.

In August, the government gave the Financial Supervisory Authority a brief to look over rules on mortgage repayments and the loan ceiling in the light of soaring inflation and tighter monetary policy.

(Reporting by Simon Johnson and Anna Ringstrom, editing by Terje Solsvik)