{"id":120178,"date":"2021-02-05T04:18:09","date_gmt":"2021-02-04T21:18:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-you-need-to-know-about-negative-interest-rates\/"},"modified":"2021-02-05T05:10:52","modified_gmt":"2021-02-04T22:10:52","slug":"all-you-need-to-know-about-negative-interest-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-you-need-to-know-about-negative-interest-rates\/","title":{"rendered":"All you need to know about negative interest rates"},"content":{"rendered":"<p>&#013;<br \/>\nThe Bank of England says a cut below zero is not imminent but how could it affect mortgages, loans and savings?The Bank of England has told high street banks and building societies they have six months to prepare for negative interest rates. BoE policymakers stressed that the request did not mean a cut in borrowing costs below zero was imminent or even likely, but with few tools left to boost the economy in the event of a downturn, the central bank needs negative rates to be available as an option.How do negative interest rates work? Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2021\/feb\/04\/all-you-need-to-know-about-negative-interest-rates\" target=\"_blank\">All you need to know about negative interest rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Bank of England says a cut below zero is not imminent but how could&#46;&#46;&#46;<\/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-120178","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-vgm","jetpack-related-posts":[{"id":116335,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-negative-interest-rates-would-mean-for-your-wallet\/","url_meta":{"origin":120178,"position":0},"title":"What negative interest rates would mean for your wallet","date":"May 14, 2020","format":false,"excerpt":"\r As the economy craters, here's a look at what cutting interest rates below zero would mean for everyday Americans.\r \r Source : cnbc.com\r Read more...What negative interest rates would mean for your wallet","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-not-invest-in-your-local-chippy-it-could-be-a-source-of-renewable-energy\/","url_meta":{"origin":120178,"position":1},"title":"Why not invest in your local chippy? It could be a source of renewable energy","date":"July 30, 2016","format":false,"excerpt":"\r As negative interest rates loom, savers are scouting around for alternatives. A new investment promises 8% returns \u2013 from recycled cooking oilNext Thursday the Bank of England is widely expected to make its first rate cut since March 2009, taking the base rate from 0.5% to just 0.25%, while\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":120178,"position":2},"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 &quot;Property News&quot;","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":120178,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/another-uk-interest-rate-rise-was-always-nailed-on-but-what-happens-next\/","url_meta":{"origin":120178,"position":4},"title":"Another UK interest rate rise was always nailed on but what happens next?","date":"May 11, 2023","format":false,"excerpt":"\r Bank of England aware that impact of most rates rises has yet to be felt, meaning a pause is now likelyMuch has changed since the Bank of England predicted the economy would shrink for eight successive quarters last November. Threadneedle Street now thinks growth will be stronger, inflation higher\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-get-an-interest-free-mortgage\/","url_meta":{"origin":120178,"position":5},"title":"How to get an interest-free mortgage","date":"May 5, 2016","format":false,"excerpt":"\r How do you fancy having the bank pay you to have a mortgage? It is not as silly as it sounds, and is already happening in Europe as interest rates are placed into negative territory.You may have heard about negative interest rates,...\r \r Source : nzherald.co.nz\/Property\r Read more...How to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120178"}],"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=120178"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120178\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}