Storbanken warns that after Norges Bank raises interest rates. Before the weekend, the interest rate will be increased by as much as 0,5 percentage point.
– Based on Norges Bank's decision to raise its key interest rate by 0,5pp at its September 22 interest rate meeting. DNB decided to raise interest rates on mortgages and deposits by up to 0,5 percentage points, says Ingjerd Blekeli Spiten.
A home for the young
The bank says young people who are about to buy their first home will get the bank's best variable mortgage rate of 3,39 percent.
Communications director Vibeke Hansen Lewin says there is no clear answer to the question of how much the individual interest rate will increase. This is because the bank has individual prices that depend on factors such as service, security and risk.
DNB raises interest rates on loans
The new interest rates apply from September 27 for new mortgages and deposits. On November 7, the interest rate on existing products will be increased, in accordance with statutory provisions.
In the case of deposits, the best interest rate will be on BSU, i.e. 4,45 percent. Sparekonto barn and Boligspar extra deposit products are the ones that will get the full rate hike, says Lewin.
Several interest rate hikes have been announced
The rate hike comes after Norges Bank raised its key rate by 0,5 percentage point to 2,25% before the weekend.
central bank
At the same time, the central bank presented new forecasts that predict further interest rate hikes in November, December and March.
“With this development of the key interest rate, mortgage rates could range from 4 to 4,5 percent. Central bank governor Ida Wolden Bache said during a press conference on Thursday.
