Norway extends mortgage restrictions until end-2019

Sparebanken Ost

19/06/2018 10:30

OSLO, June 19 (Reuters) - The Norwegian government extended
its restrictions on mortgage lending on Tuesday, including
special measures for the country's capital, as it sought to
maintain a drive to limit growth in household debt.
    "The high debt of Norwegian households still pose
significant risk to the economy and to jobs," the finance
ministry said in a statement.
    The rules were extended by 18 months, and will thus be valid
until the end of 2019, it added.

 (Reporting by Camilla Knudsen, writing by Terje Solsvik,
editing by Gwladys Fouche)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70; Reuters
Messaging: terje.solsvik.thomsonreuters.com@reuters.net))