SpareBank 1 SR-Bank ASA raising mortgage rates
Norges Bank has raised the policy rate to reduce the risk of inflation remaining high and the need for a sharper tightening of monetary policy further out. “In light of Norges Bank raising its key policy rate to cool down the inflation in the Norwegian economy, and the continuing rise of the bank’s borrowing costs, SpareBank 1 SR-Bank is raising its mortgage rates by up to 0.50 percentage points,” says Roger Lund Antonesen, Executive Vice President Retail Market. Unemployment rates are historically low whilst the Norwegian economy is being affected by inflationary pressures, both
