Norway Lowers Equity Requirement for Home Loans, Making Housing More Accessible

In a significant move aimed at enhancing home affordability, the Norwegian government has announced a reduction in the equity requirement for home loans. Effective immediately, borrowers will now only need to provide 10% equity, down from the previous 15%. This decision comes as a response to ongoing economic pressures and rising housing costs, allowing more potential homeowners the opportunity to enter the market.

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