Danes get 20-year 0% mortgages – BNN Bloomberg
— Read on www.bnnbloomberg.ca/danes-get-20-year-0-mortgages-1.1543928
Tag: Denmark
Negative Rates Are a Cash Cow for Denmark’s Mortgage Lenders
(Bloomberg) — In Denmark, where banks have been grappling with negative interest rates longer than in any other country, there’s one corner of their business that’s raking in a lot more money.Low rates are driving record numbers of borrowers to seek cheaper mortgages, generating bumper fees for an industry
— Read on ca.finance.yahoo.com/news/negative-rates-cash-cow-denmark-040000894.html
Rich Savers Take Another Hit in Denmark as Negative Rates Spread – Bloomberg
A second Danish bank has targeted its richest depositors and announced it will impose negative interest rates on large retail accounts.
— Read on www.bloomberg.com/news/articles/2019-08-28/rich-savers-take-another-hit-in-denmark-as-negative-rates-spread
Negative Mortgages set another Milestone in a no Rate World
Banks are now paying people to borrow money — and that’s a really bad sign for the global economy | Financial Post
Danish lender offering mortgages at -0.5%
— Read on business.financialpost.com/news/economy/banks-are-now-paying-people-to-borrow-money-and-thats-a-really-bad-sign-for-the-global-economy
20-year mortgages hit zero for first time in Danish rate history – BNN Bloomberg
20-year mortgages hit zero for first time in Danish rate history – BNN Bloomberg
— Read on www.bnnbloomberg.ca/20-year-mortgages-hit-zero-for-first-time-in-danish-rate-history-1.1298311