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This was my reaction too. If any Danish banks are reading this and want to make a juicy half percent, hit me up.
by aczerepinski 7y ago
This was my reaction too. If any Danish banks are reading this and want to make a juicy half percent, hit me up.
- howlin 7y agoYou'd be taking on currency exchange risk, as the Danes will want to loan you Euros but you'll likely be paying back the loan in USDs.
- alkonaut 7y agoThey'll most likely want to loan you some DKK, not EUR.
- deleted 7y ago[deleted]
- selarkin 7y agoDenmark is not in the Euro, it uses the Danish Krone (DKK), though it is pegged to the Euro.
- JumpCrisscross 7y ago> You'd be taking on currency exchange risk Swapping loans is fairly trivial, and would leave one with a mortgage rate competitive with American ones.