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Mortgage Interest Rate Increased to 9.44%

Summary by heimildin.is
Mortgage interest rates continue to rise after the Central Bank announced a 0.25 percentage point increase in the policy rate to 7.75% last week. Arion Bank's non-indexed mortgage interest rates have today been increased to 9.44%, according to an announcement from the bank. If the mortgage ratio exceeds 50%, the interest rate increases to 10.44% for that portion of the loan. It is still possible to get a loan at a fixed interest rate for...

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Mortgage interest rates continue to rise after the Central Bank announced a 0.25 percentage point increase in the policy rate to 7.75% last week. Arion Bank's non-indexed mortgage interest rates have today been increased to 9.44%, according to an announcement from the bank. If the mortgage ratio exceeds 50%, the interest rate increases to 10.44% for that portion of the loan. It is still possible to get a loan at a fixed interest rate for...

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heimildin.is broke the news on Friday, May 29, 2026.
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