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alkonaut
on Aug 8, 2019
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20-Year Mortgages Hit Zero for First Time in Danis...
Zero or negative rates for consumer loans is crazy
everywhere
. But so is having a fixed 30year mortgage of 3-5% when the interbank rates are near zero.
vonmoltke
on Aug 8, 2019
[–]
Why? The bank could loan that money to the US Government for 2%-3% over that same lock-up period. What does the funds rate have to do with it?
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