DNB raises mortgage interest rate by 0.25%

DNB raised its mortgage interest rate by 0.25% after Norges Bank announced on Thursday that it would raise the key interest rate by the same amount.

“Norges Bank’s raising of the key interest rate marks the end of a period of zero interest rates. 

“We are approaching a normal level again. Our mortgage customers will still have a very low interest rate after this adjustment,” Ingjerd Blekeli Spiten at DNB stated.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

Do you have a news tip for Norway Today? We want to hear it. Get in touch at [email protected]