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Do you know if Europe's negative rates have made mortgages more or less challenging to receive. I can see it going either way as any interest is better than neg
by frockington1 6y ago
Do you know if Europe's negative rates have made mortgages more or less challenging to receive. I can see it going either way as any interest is better than negative bond yields but how much effort are you going to put in if a mortgage rate is suppressed as well?
- dagw 6y agoAt least in Sweden they have made the rules around getting a mortgage stricter and stricter over the past 4-5 years. The income requirements have gotten stricter, they're requiring that you put down more money up front and that you make larger monthly principal payments.
- KptMarchewa 6y agoNo longer >100 year loans?
- imtringued 5y agoIf the minimum down payment grows it gets harder.