Norway ends its temporary easing of mortgage rules

Sparebank 1 Nord-Norge

11/09/2020 07:51

OSLO, Sept 11 (Reuters) - Norway will end its temporary
relaxation of mortgage lending regulations at the end of
September, the finance ministry said  on Friday.
    The measure, imposed in April as a temporary way to cushion
the housing market during the COVID-19 outbreak, end in line
with recommendations from the Financial Supervisory Authority
and the central bank, the ministry said.  urn:newsml:reuters.com:*:nL8N2FU4SC
    Housing prices have risen in recent months despite a decline
in the economy.

 (Reporting by Terje Solsvik, editing by Gwladys Fouche)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))