Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Dutch entrepreneurs avoiding negative interest by opening multiple bank accounts. Parent comment
The lower x is, the lower the interest you pay during those years.
For example, banks can offer the following loans: - 20 year fixed rate at 1.30% - 30 year fixed rate at 1.42%
So there is a possibility to gamble with the interest rates while still having a "fixed" rate.
There are no comments on this comment yet.
The lower x is, the lower the interest you pay during those years.
For example, banks can offer the following loans: - 20 year fixed rate at 1.30% - 30 year fixed rate at 1.42%
So there is a possibility to gamble with the interest rates while still having a "fixed" rate.