Danish banks started to give out free mortgage

Банки Дании начали выдавать бесплатную ипотеку

The Danes had the opportunity to take a mortgage with a zero interest rate.

Such mortgage loans for a period of 20 years has been to give Nordea Bank. Mortgage term of 10 years with a negative interest rate (minus 0.5% per annum) has announced the Danish Bank Jyske Bank.

Bloomberg notes that Denmark already has a program on the mortgage, which provides for a 30-year repayment period at the rate of 0.5% per annum.

Mortgage rates in the Scandinavian country had already fallen to a negative level. In particular, in 2015 Nordea Kredit has made a floating rate mortgage is negative. This became possible after the decreased the key rate of the Danish Central Bank to mobility in soil -0,35.