Danish bank launches world’s first negative interest rate mortgage Danish bank launches world’s first negative interest rate mortgage
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  1. #1

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    Default Danish bank launches world’s first negative interest rate mortgage

    Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan.

    Full story here:

    Danish bank launches world’s first negative interest rate mortgage | Money | The Guardian

  2. #2

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    Shut up and take my money, oh wait...

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    Wow, it's gotta be good for the economy to reward borrowing and punishing saving....!

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    It's 100k EUR admin fee to get one ...

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    Quote Originally Posted by AtW View Post
    It's 100k EUR admin fee to get one ...
    they don't have Euros in Denmark despite the fact that brexiteers want to make you believe that it is mandatory to join the Euro if you want to stay in the EU

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    Quote Originally Posted by Martin@AS Financial View Post
    Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan.

    Full story here:

    Danish bank launches world’s first negative interest rate mortgage | Money | The Guardian
    IF you check the bank website, it is clear that in the end it will still cost you to borrow money! Not only you wont be paid to borrow money, but it will cost you, so all (more or less) normal here.
    "The boy who cried Sheep"

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    Quote Originally Posted by Eirikur View Post
    they don't have Euros in Denmark despite the fact that brexiteers want to make you believe that it is mandatory to join the Euro if you want to stay in the EU
    It's (eventually) mandatory to join the Euro if you want to join/stay in the EU. Not for the UK though as an exception was created in the Lisbon treaty. Another example how EU always descriminates the UK...
    "The boy who cried Sheep"

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    Quote Originally Posted by CryingSheep View Post
    It's (eventually) mandatory to join the Euro if you want to join/stay in the EU. Not for the UK though as an exception was created in the Lisbon treaty. Another example how EU always descriminates the UK...
    Denmark and Sweden also negotiated an exception.

  9. #9

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    Quote Originally Posted by Martin@AS Financial View Post
    Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan.

    Full story here:

    Danish bank launches world’s first negative interest rate mortgage | Money | The Guardian
    I thought parents were the first to give negative interest rate loans and mortgages
    Brexiteers remind me of religious fanatics, only faith, no facts.

  10. #10

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    Yet it costs 20% to borrow on a credit card. Fiat is screwed. Buy bitcoin.
    “We've always defined ourselves by the ability to overcome the impossible. And we count these moments. These moments when we dare to aim higher, to break barriers, to reach for the stars, to make the unknown known. We count these moments as our proudest achievements. But we lost all that. Or perhaps we've just forgotten that we are still pioneers. And we've barely begun. And that our greatest accomplishments cannot be behind us, because our destiny lies above us.”

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