Could it happen here?

“European banks paying borrowers to buy homes”

 

Believe it or not… that was the title of a newsfeed article I just read.  Evidently, Eurpean central banks (their Federal Reserve Banks) have pushed interest rates so low that the inconceivable has happened.  Some European homeowners with variable rate mortgages are now being paid by their lenders each month.  Pretty wild!  Whodathunk?!

Could it happen here?  Idk.  But, check back to find out.

 

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