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Banking institutions are actually spending individuals to borrow cash — and that is a truly bad indication for the worldwide economy

Banking institutions are actually spending individuals to borrow cash — and that is a truly bad indication for the worldwide economy

Danish loan provider mortgages that are offering -0.5%

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    For Americans used to having to pay four or five percent home loan prices, not to mention the double-digit numbers customers endured in the first, the loan that is new Denmark’s Jyske Bank may appear inconceivable.

    The Danish loan provider week that is last providing house purchasers 10-year mortgages at a pursuit price of -0.5 percent. This means borrowers over 10 years can pay straight straight right straight back only a little lower than the quantity lent, excluding fees that are one-time.