Re:College Kids Are Living Like Kings in Vancouver’s Empty M...
by collyw on Wednesday April 17, 2019 @08:30AM
(#19681917)
In Europe and we took out a mortgage last year.
The rate at which the bank gets money from the central bank is negative, and your local bank adds on 1.5 to that (for a variable) rate from what i remember, so overall the rate was 0.8% I think.
The rate at which the bank gets money from the central bank is negative, and your local bank adds on 1.5 to that (for a variable) rate from what i remember, so overall the rate was 0.8% I think.
So you don't get paid, but you do get subsidized.