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> it's not like individuals can just borrow at 1% like majors companies can do. with 200% collateral? I'm pretty sure they can. I don't know what's it's like i
by namdnay 5y ago
> it's not like individuals can just borrow at 1% like majors companies can do.
with 200% collateral? I'm pretty sure they can. I don't know what's it's like in hte US, but in the eurozone, long term home loans are around 1% , and even short term consumer loans are between 1-3%
- adventured 5y agoThat depends on what part of the Eurozone you're talking about. Fixed rate, long-term mortgages in eg Spain are nowhere near 1% (closer to 3%).
- toyg 5y agoIn the UK they are sub-2% if your loan/value ratio is decent (i.e. under 70%).