Sparebank 1 Central Norway lowers real interest rate on mortgages to below three percent for ten years bond. – Bind rate for ten years, recommends analysjef Pål Ringholm in Swedbank.
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For 11 days ago cut Norges Bank policy rate from 1.5 to 1.25 percent. Only two smaller banks, Sparebank 1 Østfold Akershus and Fana Sparebank, has followed suit with cuts in the floating lending rates. Sparebank 1 Central Norway chooses a new variant, and now sets down the price of mortgages with fixed rates significantly.
– We have never had lower fixed rates, but this is cheap, we know first few years, says credit officer and private economist Change Jo Reitetinden Sparebank 1 SMN.
Holder on the fence
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