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Bank lending rates around the world.

Bank lending rates around the world. A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year. Negative interest rates effectively mean that a bank pays a borrower to take money off their hands, so they pay back less than they have been loaned. Jyske Bank, Denmark’s third largest, has begun offering borrowers a 10-year deal at -0.5%, while another Danish bank, Nordea, says it will begin offering 20-year fixed-rate deals at 0% and a 30-year mortgage at 0.5%. Under its negative mortgage, Jyske said borrowers will make a monthly repayment as usual – but the amount still outstanding will be reduced each month by more than the borrower has paid. The first step to changing anything in your life, is to change your mind. How do you nourish your mind? Train Your Brain To Make More Money! Financial education is essential and will change your life if you commit to learning and using it. Getting your tax right and staying out of debt is not enough to build financial freedom and financial confidence. In this video, I’m going to teach you why 90% of people do not get financially educated and how you can do it, starting today. DISCLAIMER - This is not a sponsored video, all my content is my own opinion and experiences. I am a CPA (K) with over 10 years working as a financial consultant and trainer. The purpose of the video is to inform and entertain, due dilligence is required on your part when applying this information. The financial products above contain affiliate links. Which means I earn a commission when signing up using my link at no extra cost to you. In most cases you get a sign-up bonus. All of my affiliate partners are with companies I use for my own personal finances. Music: Youtube audio library CREDIT: Creative commos Stock footage provided by videvo, downloaded from www.videvo.net Stock video: Pexels