{"id":110022,"date":"2019-08-19T20:00:14","date_gmt":"2019-08-19T13:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-in-denmark-will-pay-you-to-take-out-a-mortgage-yes-thats-right\/"},"modified":"2019-08-19T21:05:25","modified_gmt":"2019-08-19T14:05:25","slug":"bank-in-denmark-will-pay-you-to-take-out-a-mortgage-yes-thats-right","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-in-denmark-will-pay-you-to-take-out-a-mortgage-yes-thats-right\/","title":{"rendered":"Bank in Denmark will pay you to take out a mortgage. Yes, that\u2019s right"},"content":{"rendered":"


\nThe 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 30-year mortgages at annual interest of just 0.5 per cent.Years of easing by central banks hacked away at interest rates around the world, distorting the traditional economics of\u2026
\n
\nSource : South China Morning Post
\nRead more…Bank in Denmark will pay you to take out a mortgage. Yes, that\u2019s right<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The world\u2019s headlong dash to zero or negative interest rates just passed another milestone: A...<\/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-110022","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-sCy","jetpack-related-posts":[{"id":109866,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-interest-rates-benefit-millennials-not-pensioners-phillip-inman\/","url_meta":{"origin":110022,"position":0},"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":109858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/danish-bank-launches-worlds-first-negative-interest-rate-mortgage\/","url_meta":{"origin":110022,"position":1},"title":"Danish bank launches world\u2019s first negative interest rate mortgage","date":"August 13, 2019","format":false,"excerpt":"\r Jyske 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\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":110022,"position":2},"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":[]},{"id":70482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-to-pass-on-interest-rate-rise-to-mortgage-customers\/","url_meta":{"origin":110022,"position":3},"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":567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-great-credit-card-rip-off\/","url_meta":{"origin":110022,"position":4},"title":"The great credit card rip off","date":"February 14, 2015","format":false,"excerpt":"\r While the Bank of England base rate has been stuck on 0.5% for five years, the interest charged on card balances has shot up to nearly 19%Are you being ripped off by your credit card company? Figures from the Bank of England this week reveal that far from cutting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75573,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-hit-15-month-low-in-november-says-uk-finance\/","url_meta":{"origin":110022,"position":5},"title":"UK mortgage approvals hit 15-month low in November, says UK Finance","date":"January 2, 2018","format":false,"excerpt":"\r British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed last week. Banks approved 39,507 mortgages for house purchase in November, down from 40,417 in October and 5\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\/110022"}],"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=110022"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110022\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}