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212045
Lower interest rates
statistikk
2015-09-01T10:00:00.000Z
Banking and financial markets
en
renter, Interest rates in banks and mortgage companies, interest rates, interest on loans, deposit rates, interest margins, banks, mortgage companies, state lending institutions, life insurance companies, Norwegian Public Service Pension FundFinancial institutions and other financial corporations, Banking and financial markets
false
Interest rates in banks and mortgage companies. Lower interest rates in July 2015.

Interest rates in banks and mortgage companies, July 2015

Delayed publication

Due to a new classification of deposits, interest rates on deposits will not be published in the next release of interest statistics. It is not yet decided when interest rates on deposits will be published.

Content

Published:

This is an archived release.

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Lower interest rates

The interest rate on new loans secured on dwellings to households fell by 0.11 in July. For outstanding loans secured on dwellings the interest rate fell by 0.04 percentage points. The interest rate on new fixed rate loans secured on dwellings increased by 0.02 percentage points.

Banks and mortgage companies, interest rates to households1Published 1 September 2015
July 2015June 2015Monthly change
1Banks and mortgage companies in monthly sample
Interest rates, new loans
Total loans secured on dwellings to households2.862.97-0.11
Total loans secured on dwellings, floating interest rate2.873.00-0.13
Total loans secured on dwellings, fixed interest rate2.732.710.02
 
Interest rates, loans outstanding
Total loans secured on dwellings to households3.173.21-0.04
Total loans secured on dwellings, floating interest rate3.153.19-0.04
Total loans secured on dwellings, fixed interest rate3.383.40-0.02
 
Loan margins
Loan margins, new total loans secured on dwellings to households1.571.61-0.04
Loan margins, total outstanding loans secured on dwellings to households1.881.850.03

Source: Statistics Norway

Figure 1. Interest rates on new and outstanding loans with a mortgage to households. Sample of banks and mortgage companies

The interest rate on new loans secured on dwellings to households fell by 0.11 percentage points to 2.86 per cent at the end of July. The interest rate on outstanding loans secured on dwellings to households fell by 0.04 percentage points to 3.17 per cent.

The interest rate margin on new loans secured on dwellings to households from a sample of banks and mortgage companies fell by 0.04 percentage points to 1.57 per cent. The corresponding interest rate margin on outstanding loans increased by 0.03 percentage points to 1.88 per cent. NIBOR fell by 0.07 percentage points to 1.29 per cent.

Higher interest rates on new fixed rate loans

The fixed interest rate on new fixed rate loans secured on dwellings to households increased by 0.02 percentage points to 2.73 per cent, while the interest rate on outstanding fixed rate loans fell by 0.02 percentage point to 3.38 per cent.

Lower interest rates on other repayment loans to non-financial corporations

The interest rate on new other repayment loans to non-financial corporations fell by 0.10 percentage points to 3.07 per cent in July. For loans outstanding, the corresponding interest rate also fell by 0.10 percentage points to 3.34 per cent.