Survey: 1 in 5 youngsters waiting to equalize interest rates – Private



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A poll conducted by Norstat on behalf of Bank2 shows that 13% of respondents consider binding interest rates, writes Dagens Næringsliv.

Among the 25 to 39 age group, many are considering fixed interest rates. 19% – nearly 1 in 5 – responded in the survey that they were considering binding interest rates. In the same age group, 32% said they feared a refund if the interest rate increased by three percentage points.

Several DN banks have discussed the increased interest in fixed interest rates. Øystein Andre Schmidt, head of press at Danske Bank, said the bank had registered four times as many fixed-rate loan subscriptions in the last two months compared to the same period last year.

In September, Norges Bank raised its key rate for the first time in seven years, from 0.50 to 0.75%. According to forecasts by the central bank, the key rate will gradually increase to 2% by the end of 2021, which means that mortgage rates will be just under 4% in 2021.

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