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Lower interest rate on housing loans

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In November 2015, the interest rate on new mortgages to households fell by 0.03 percentage points, while the interest rate on outstanding mortgages fell by 0.10 percentage points.

In November 2015, the floating interest rate on households’ new mortgages from a sample of banks and mortgage companies fell by 0.03 percentage points to 2.57 per cent, while the fixed interest rate on new mortgages fell by 0.10 percentage points to 2.51 per cent. In the same period, the floating interest rate on outstanding mortgages to households fell by 0.11 percentage points to 2.77 per cent, and the fixed interest rate on outstanding mortgages fell by 0.04 percentage points to 3.29 per cent.

Lower interest rate margin on new mortgages

The interest rate margin on new mortgages to households from a sample of banks and mortgage companies fell by 0.12 percentage points to 1.37 per cent in November 2015. The corresponding interest rate margin on outstanding loans fell about 0.19 percentage points to 1.72 percentage points. In the same period, NIBOR increased by 0.09 percentage points to 1.2 per cent.

Lower interest rates on other repayment loans to non-financial corporations

For other repayment loans outstanding, the interest rate fell by 0.05 percentage points to 3.14 per cent in November 2015. The corresponding interest rate on new other repayment loans to non-financial corporations was virtually unchanged at 2.7 per cent.

Small increase in interest rates on deposits from non-financial corporations

In November 2015, the interest rate on deposits from non-financial corporations increased by 0.03 percentage points to 0.88 per cent. The interest rate on deposits from households fell by 0.08 percentage points to 1.06 per cent.

 

Source: SSB / Norway Today

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