Is Bulder raising its interest rates?
Unfortunately, this is something we cannot comment on in advance. Regulations require that banks do not communicate plans about interest rate changes before a decision has actually been made – this is to ensure fair competition in the best interest of you as a customer.
As soon as a decision is made, we will update our website, your app and send you an email. You will hear from us the moment we know more.
What does a rate increase mean?
A rate increase means it becomes more expensive to borrow money. If you have a mortgage with us, your monthly repayment will increase when the interest rate goes up.
Why do interest rates increase?
Bulder follows the market. When Norges Bank raises the key policy rate, the costs for banks increase – and that affects the rate we offer you. Norges Bank raises the policy rate primarily to curb inflation and control rising prices in the Norwegian economy.
How much notice do you give before a rate change?
We always give existing customers 2 months' notice before an interest rate change takes effect – whether rates are going up or down. The notice is sent by email and to your inbox in the app.
Can I negotiate my interest rate?
No, Bulder does not offer rate negotiation or individual rate matching. Instead, we have an open price list and an automatic rate ladder: every month, we automatically check your loan against your property value and loan-to-value ratio, ensuring you always receive the best rate you are entitled to under our price list – without you having to keep track of it yourself.