3 ms·
Negative rate morgages seem pretty crazy to an American eye! :)
by p1esk 7y ago
Negative rate morgages seem pretty crazy to an American eye! :)
- alkonaut 7y agoZero or negative rates for consumer loans is crazy everywhere. But so is having a fixed 30year mortgage of 3-5% when the interbank rates are near zero.
- vonmoltke 7y agoWhy? The bank could loan that money to the US Government for 2%-3% over that same lock-up period. What does the funds rate have to do with it?