Lending from housing credit institutions to households
The volume of lending from housing credit institutions on new loans to households was SEK 27 865 million in July, which is a decrease compared to June but on a level with the previous year. Of all new loans from housing credit institutions to households, more than half, 53.7 percent, were still with a fixed rate of interest in July. The total volume that housing finance institutions loaned to households amounted to SEK 1 325 billion, which represents 71 percent of total lending from MFIs to households.
Growth rate of money supply decreases
The growth rate of the money supply measure M1 fell from 13.2 percent in June to 11.6 percent in July 2007, amounting in total to SEK 1 253 billion in July. The broader measure M3 also fell compared to June, from 12.4 percent to 11.6 percent and amounting in total to SEK 1 845 billion in July. One reason for the falling growth rate is that demand lending from non-financial companies and households decreased compared to June.