Norwegian Banks

Hello,

I understand that access to "cheap" mortgage credit in the US and and UK is probably going to be limited for some years, regardless of central bank interest rates, due to limitations in interbank lending and the end of the securitization model.

Does anyone know to what level this effects Norwegian banks, ie have they been using similar banking models?

Thanks

 

I have no idea, but my guess is no. Floating rate mortgages is the norm here. Very few chooses fixed rate mortages.

 

Thanks for the reply.

In the near future do you see any chance of a housing recession in Norway?