Norway mortgage demand eased in Q1

Sparebank 1 Nord-Norge

15/04/2021 09:01

OSLO, April 15 (Reuters) - Demand for residential mortgages
in Norway fell slightly in the first quarter of 2021, while
credit demand from companies was approximately unchanged, a
central bank survey showed on Thursday.
    "Banks report higher funding costs for lending to households
and slightly stronger competition for corporate loans," Norges
Bank said.
    Margins on residential mortgages fell slightly, it added.

 (Reporting by Terje Solsvik; editing by Victoria Klesty)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))