Norway to weaken bank rules amid house price deflation risk

Source: Bloomberg
Norwegian government plans to weaken banking rules in mortgage lending, as property prices in the country started to decline. Since 2003 housing prices surged twice, but started to decrease some time ago, showing the risk of deflation on the property market. It is expected from the government to raise the maximum lending limit to 90% of the property value, while currently the limit is 85%.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.