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A Danish Bank Is Offering Mortgages With Negative Interest Rates—Why You Shouldn’t Wish for That to Happen in the U.S.

iStock; realtor.com It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank, is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that it will offer a 20-year fixed-rate mortgage in Denmark that charges no interest, and the bank […] Continue reading →

Foreclosure Filings Are Falling Fast—Except in These Cities

Joe Raedle/Getty Images The days of rampant foreclosures resulting in scores of empty homes are thankfully now well in the rearview mirror—for most of the nation. Foreclosure filings in the first half of 2019 are down 18% compared with a year earlier, according to a recent report from real estate information company ATTOM Data Solutions. […] Continue reading →