Re:Mortgages are a manufactured product
by smsm42 on Saturday January 15, 2022 @11:14PM
(#29953248)
> In reality, the Jyske mortgage borrower in Denmark is likely to end up paying back a little more than they borrowed, as there are still fees and charges to pay to compensate the bank for arranging the deal, even when the nominal rate is negative.
Ahhh, there it is. So they probably just make Central Bank finance their fees, using borrowers as a conduit. Clever.
Ahhh, there it is. So they probably just make Central Bank finance their fees, using borrowers as a conduit. Clever.