Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Banks offer 20-year home loans at 0% interest rate in Denmark
short by Krishna Veera Vanamali / on Friday, 8 January, 2021
Banks and mortgage lenders in Denmark have started offering 20-year home loans at a fixed interest rate of zero. Denmark has had negative central bank interest rates since 2012, longer than any other country. In 2019, Denmark's third-largest lender Jyske Bank had started offering homeowners a 10-year deal at -0.5%, the world's first negative interest rate home loan.
read more at BloombergQuint