Relevant:
- Norway Bank Regulator Calls for Tougher Mortgage Loan Rules (NORWAY)
- Norway Faces Severe Credit Shock as Household Debt Swells, FSA Chief Warns
- Will Failing To Raise Debt Ceiling Doom The Housing Market?
- Australia Regulator Tamps Down On Proliferating Interest-Only Loans
- Norway Banks Under Pressure As Asset-Bubble Risks Swell
2012-03-13 — bloomberg.com
"The overheated housing market is the biggest domestic threat to the economy, the Oslo-based regulator said today in a statement. Households have swelled their debt loads and grown more reliant on interest-only loans as they assume rates will remain low, the regulator said"
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