Danish banks offer 30 year mortgages for 0 %.....

[Nighthawk]

20-Year Mortgages Hit Zero for First Time in Danish Rate History

https://www.bloomberg.com/news/arti...ar-mortgages-at-zero-interest-as-rates-plunge

In Denmark’s $495 billion mortgage-backed covered bond market, another milestone was reached on Wednesday as Nordea Bank Abp said it will start offering 20-year fixed-rate loans that charge no interest.

The development follows an announcement earlier in the week by Jyske Bank A/S, which said it will start issuing 10-year mortgages at a coupon of minus 0.5%. Danes can also now get 30-year mortgages at 0.5%, and Nordea recently adjusted its prospectus to allow for home loans up to 30 years at negative interest rates.

Why do you want to live in the USA? Move to Denmark! LOL! LMAO! ROFL!

 

[comingkingofisrael]

This will usher in a future brighter than anyone can imagine

 

[Scataphagos]

This will usher in a future brighter than anyone can imagine

Yeah... like when our sun goes super nova.

 

[RedDuke]

Ok, now I know what to expect in US during next crisis. makes no sense to stay in cash, assets prices will go parabolic.

 

[nooby_mcnoob]

Enjoy the ride.... No inflation though!

 

[destriero]

Yeah... like when our sun goes super nova.

Our Sun isn’t massive enough to supernova, dump truck.

 

[Overnight]

Our Sun isn’t massive enough to supernova, dump truck.

Indeed. The eco-pussies in the world crying about global warming now and are worried about their children's future? Feel pity for the poor souls who will have to endure the eventual expansion of our sun at the end of it's life. Maybe in 5 billion years when that starts to happen they'd have finally designed a Mr. Fusion™ Home Energy Reactor, and have used a lot of those to get us the hell out of here.

 

[R1234]

20-Year Mortgages Hit Zero for First Time in Danish Rate History

https://www.bloomberg.com/news/arti...ar-mortgages-at-zero-interest-as-rates-plunge

In Denmark’s $495 billion mortgage-backed covered bond market, another milestone was reached on Wednesday as Nordea Bank Abp said it will start offering 20-year fixed-rate loans that charge no interest.

The development follows an announcement earlier in the week by Jyske Bank A/S, which said it will start issuing 10-year mortgages at a coupon of minus 0.5%. Danes can also now get 30-year mortgages at 0.5%, and Nordea recently adjusted its prospectus to allow for home loans up to 30 years at negative interest rates.

Why do you want to live in the USA? Move to Denmark! LOL! LMAO! ROFL!

Those new Danish homebuyers will be underwater after the loan term. Literally underwater.

 

[Handle123]

This is where they really stick it to you.

https://tradingeconomics.com/denmark/personal-income-tax-rate

 

[RedDuke]

This is where they really stick it to you.

https://tradingeconomics.com/denmark/personal-income-tax-rate

Wonder what social benefits come with it??? Like free education, health care and etc.