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You have a negative interest rate mortgage?
by lupire 4y ago
You have a negative interest rate mortgage?
- Xylakant 4y agoNo, at around 1% fixed for 10 years. You can get up to 2% on very short term investments in Germany right now with interests rising.
- Lio 4y agoNo but we do have inflation eroding the value of savings and also the cost of fixed rate mortgage debt. Right now you need a pretty good rate of return just to keep pace with inflation if you're saving. Meanwhile that same inflation is reducing the value you the debt you've taken on to buy a house and you get to live in the house as it pays off.