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The Loan Is Paid Off After Seven Years of Renovation.
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Steffen Soma has been renovating his family home in Sandnes for the past seven years, and has increased his mortgage several times. Now the "eternal project" is coming to an end, and another interest rate cut is welcome. At the same time, banks are seeing a new lending trend being forced out in the wake of high interest rates and prices, as well as a tight housing market.
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