The Norwegian interest rates are at record low. Chief Economist January Ludvig Andreassen Eika think interest rates will fall more.
On Aftenposten questions about mortgage customers should fix the interest now, he replied:
– Where previously it was expensive to secure long-term and cheap financing, it is now affordable fixed-rate 3 , 5 and 10 years. Although, I think interest rates will fall further. And although Norges Bank rate should be halved, will hardly floating mortgage for most people fall below two percent. When you lose anyway not much to choose fixed now.
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