Economics
Bundesbank Is Open to Possibility of Negative-Rate Mortgages
- Negative loans make more sense than depositing money at ECB
- Banks would pay home buyers to take out real-estate loans
This article is for subscribers only.
Germany’s central bank, known for its dry approach to matters of money, has some good news for real-estate buyers: negative-rate mortgages are just fine.
The Bundesbank considers such loans conceivable and would not intervene against them, board member Joachim Wuermeling told Stuttgarter Zeitung in an interview.