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Danish bank launches world’s first negative interest rate mortgage

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

    Comment


      #3
      Wow, it's gotta be good for the economy to reward borrowing and punishing saving....!

      Comment


        #4
        It's 100k EUR admin fee to get one ...

        Comment


          #5
          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

          Comment


            #6
            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"

            Comment


              #7
              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"

              Comment


                #8
                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.

                Comment


                  #9
                  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
                  "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

                  Comment


                    #10
                    Yet it costs 20% to borrow on a credit card. Fiat is screwed. Buy bitcoin.
                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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