Mortgage loans reached 295 USD bil in 2016 in Norway, according to the National Central Bank. This is 9.77 % more than in the previous year.
Historically, mortgage loans in Norway reached an all time high of 354 USD bil in 2012 and an all time low of 123 USD bil in 2004. When compared to Norway's main peers, mortgage loans in Denmark amounted to 333 USD bil, 74.2 USD bil in Finland, 6.72 USD bil in Iceland and 320 USD bil in Sweden in 2016.
Norway has been ranked 14th within the group of 89 countries we follow in terms of mortgage loans, 1 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.