{"id":109858,"date":"2019-08-13T22:15:12","date_gmt":"2019-08-13T15:15:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/danish-bank-launches-worlds-first-negative-interest-rate-mortgage\/"},"modified":"2019-08-13T23:04:32","modified_gmt":"2019-08-13T16:04:32","slug":"danish-bank-launches-worlds-first-negative-interest-rate-mortgage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/danish-bank-launches-worlds-first-negative-interest-rate-mortgage\/","title":{"rendered":"Danish bank launches world\u2019s first negative interest rate mortgage"},"content":{"rendered":"


\nJyske Bank will effectively pay borrowers 0.5% a year to take out a loanA Danish bank has launched the world\u2019s first negative interest rate mortgage \u2013 handing out loans to homeowners where the charge is minus 0.5% a year.Negative interest rates effectively mean that a bank pays a borrower to take money off their hands, so they pay back less than they have been loaned. Continue reading…
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\nSource : theguardian.com
\nRead more…Danish bank launches world\u2019s first negative interest rate mortgage<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loanA Danish...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109858","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-szU","jetpack-related-posts":[{"id":110022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-in-denmark-will-pay-you-to-take-out-a-mortgage-yes-thats-right\/","url_meta":{"origin":109858,"position":0},"title":"Bank in Denmark will pay you to take out a mortgage. Yes, that\u2019s right","date":"August 19, 2019","format":false,"excerpt":"\r The world\u2019s headlong dash to zero or negative interest rates just passed another milestone: A bank in Denmark is paying homebuyers to take out mortgages.Jyske Bank A\/S, Denmark\u2019s third-largest lender, announced in early August a mortgage rate of -0.5 per cent, before fees. Nordea Bank Abp, meanwhile, is offering\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yorkshire-building-society-launches-0-78-rate-mortgage\/","url_meta":{"origin":109858,"position":1},"title":"Yorkshire building society launches 0.78% rate mortgage","date":"October 9, 2021","format":false,"excerpt":"\r It will track Bank of England\u2019s base rate for two years but cost could go up if Bank moves interest ratesYorkshire building society this week launched a mortgage with a market-leading rate of 0.78% \u2013 but the cost could go up if the Bank of England moves interest rates.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-to-pass-on-interest-rate-rise-to-mortgage-customers\/","url_meta":{"origin":109858,"position":2},"title":"Nationwide to pass on interest rate rise to mortgage customers","date":"October 31, 2017","format":false,"excerpt":"\r People on the building society\u2019s variable rates would see a 0.25% increase in their monthly bill, if the Bank raises the base rate to 0.5%Nationwide has paved the way for an across-the-board increase in mortgage costs by announcing that a 0.25% interest rate rise would be passed on in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-launches-fixed-rate-mortgage-below-1\/","url_meta":{"origin":109858,"position":3},"title":"HSBC launches fixed-rate mortgage below 1%","date":"June 21, 2016","format":false,"excerpt":"\r Customers given opportunity to lock in for two years at 0.99% interest rate \u2013 but they will need deposit of at least 35%HSBC has launched Britain\u2019s first fixed-rate mortgage with an interest rate below 1%, as competition among lenders hots up and the cost of borrowing for banks and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-interest-rates-benefit-millennials-not-pensioners-phillip-inman\/","url_meta":{"origin":109858,"position":4},"title":"Low interest rates benefit millennials, not pensioners | Phillip Inman","date":"August 14, 2019","format":false,"excerpt":"\r Borrowers have the whip hand \u2013 in Denmark one bank has even started paying them to take out a loanSavers in Denmark must be squealing with pain at the advent of the world\u2019s first negative rate mortgage, courtesy of Jyske Bank.Danish savers currently get about 0.1% for their pots\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-continue-to-fall\/","url_meta":{"origin":109858,"position":5},"title":"Mortgage rates continue to fall","date":"March 6, 2016","format":false,"excerpt":"\r Borrowers still benefit from Bank of England cutting base rate to 0.5%Seven years of record low interest rates may have hammered savers, but borrowers are continuing to benefit.Yesterday marked the seventh anniversary of the Bank of England slashing interest rates to their current 0.5% historic low. And while the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109858"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109858"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109858\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}