ReutersReuters

Norway government rejects proposal to tighten mortgage lending

The Norwegian government on Friday rejected a proposal by the country's bank regulator to tighten mortgage lending, keeping key provisions of the current system in place.

The Financial Supervisory Authority in October recommended that households should only be allowed to borrow up to 4.5 times their gross annual income, instead of 5 times previously, as a way to help prevent future financial instability.

הצטרפו בחינם כדי לקבל את הסיפור המלא
News unlock banner