Economy: Are We Headed for Negative Rates


Manage episode 241316337 series 1248803
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
We’ve been hearing a lot about negative interest rates recently, and whether the U.S. is headed there. They’ve been used by other countries recently to fight deflation. A Denmark bank has also become the world’s first to offer a home loan with negative rates. That means that borrowers pay back less every month than what they actually owe. It sounds like quite a bargain for anyone in the real estate business, but negative rates for any reason are probably not something we want to wish for.

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