Why is this Danish Bank Offering Mortgages with a Negative 0.5% Interest Rate?
Posted on 08/15/2019
Jyske Bank A/S is the third largest Danish bank in terms of market share. Revealed on August 5, 2019, the Danish bank is offering Europe’s first negative interest rate mortgage. What does this mean? The bank is lending loans to homeowners where the charge is -0.5% per year for a 10-year loan. The 20-year fixed […]