Norway: Mortgage credit interest rate

* indicates monthly or quarterly data series
 Norway

Mortgage credit interest rate, percent

 Latest value 5.73
 Reference March 2024
 Measure percent
 Data availability December 2013 - March 2024
 Average 2.98
 Min - Max 1.81 - 5.73
 Source Statistics Norway
For that indicator, we provide data for Norway from December 2013 to March 2024. The average value for Norway during that period was 2.98 percent with a minimum of 1.81 percent in August 2021 and a maximum of 5.73 percent in March 2024. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Norway - Mortgage credit interest rate - recent values

Historical chart
Norway - Mortgage credit interest rate - historical chart - 2013-2024
Measure: percent
Source: Statistics Norway


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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

 Related indicators Latest value Reference Measure
 Inflation 5.8 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 10.7321 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,105.16 9/2023 billion
 Consumer Price Index (CPI) 131.6000 9/2023 index points
 Inflation, monthly -0.15 9/2023 percent
 Inflation, annual 2.81 9/2023 percent
 Private sector credit 5,447.91 9/2023 billion
 Business credit 1,691.83 9/2023 billion
 Household credit 3,756.08 9/2023 billion
 Mortgage credit 2,843.70 9/2023 billion
 Consumer credit 0.01 9/2023 billion
 Deposit interest rate 4.09 9/2023 percent
 Business credit interest rate 6.75 9/2023 percent
 Mortgage credit interest rate 5.16 9/2023 percent
 Policy rate 4.25 9/2023 percent
 Household debt to GDP 84.90 9/2023 percent
 Debt service ratios for private non-financial sector 34.30 Q3/2023 percent
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