Negative Rates
Question
Can Mortgage Rates Go Negative?
Would be GREAT !
Borrow Money…Buy a Vacation Home…Bank Pays YOU monthly .
Where do I sign up ?
🙂
Question
Can Mortgage Rates Go Negative?
Would be GREAT !
Borrow Money…Buy a Vacation Home…Bank Pays YOU monthly .
Where do I sign up ?
🙂
Yes, already happening in Europe in one or two countries.
And the banks there still make money on negative mortgages with ever-more creative fees.
In remote, mountainous areas of Japan, they are giving away homes for free!
Seems like a pretty good deal for young folks who can’t afford to buy in the U.S. or Canada, eh?
https://matadornetwork.com/read/japan-giving-away-abandoned-houses/
Homes in remote areas of Italy can be purchased for less than the price of a cup of coffee!
https://www.cnn.com/travel/article/italy-one-euro-home-websites/index.html