6 ms·
Danish bank launches world’s first negative interest rate mortgage
- nabla9 7y ago> In reality, the Jyske mortgage borrower in Denmark is likely to end up paying back a little more than they borrowed, as there are still fees and charges to pay to compensate the bank for arranging the deal, even when the nominal rate is negative.
- rdtwo 7y agoStill just absolutely crazy. How does this not cause a huge housing bubble?
- deleted 7y ago[deleted]
- toomuchtodo 7y agoIt does. https://www.thelocal.dk/20190318/danish-house-prices-reach-highest-ever-level-beating-11-year-record https://www.thelocal.dk/20190318/danish-house-prices-reach-h...