A government-appointed commission in Sweden has recommended easing mortgage borrowing and repayment rules in a bid to make home buying more accessible for new buyers. The commission's head, Peter England, stated that adjustments could be made without compromising financial stability, as current regulations have made it difficult for first-time buyers amid high household debt levels, which stand at approximately 190% of disposable income. Proposed changes include raising the borrowing ceiling from 85% to 90% of a property's value and relaxing repayment requirements for higher borrowers. However, the commission suggests introducing an income-based limit on mortgage loans, capping them at around 5.5 times a household's annual gross income. The government plans to decide on these adjustments in the spring, as households have been significantly impacted by recent high inflation and interest rates.