Danske Bank cuts once mortgage rates. The new interest rate for young Academician Customers at 1.90 percent nominally probably the lowest interest rate that has ever been offered in Norway, the Bank wrote in a statement.
The Bank contributes once again to strengthen competition in the Norwegian market.
– I can not remember that we ever experienced such interest rates, says Country Manager Trond F. Mellingsæter.
– But we have promised our existing customers and prospects that we should be competitive and challenging market . Now we do it again, he said.
Danske Bank cuts mortgage rates by up to 0.15 percentage points. New interest rates on mortgage UNG is 2.10 percent, while conventional mortgages over two million receive 2.45 percent. Conventional loans to Akademikerne will change will be 1.99 percent nominally.
– At the same time we must remember that this is an expression of the situation in the Norwegian economy and interest rates the country’s mortgage customers can not expect that persists, continue Mellingsæter.
the bank deposit rates simultaneously reduced and the bank’s best interest in retail market will change be SPAR Active with 0.65 percent.
– there is no doubt that in the market we now have is a challenge to find returns on their savings. For those with slightly longer horizon, the time may now be ripe to look at alternative solutions such as mutual funds, running a marathon.
The changes taking effect from 29 March for new loans and from 6th June for existing customers.
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