Danes' now pay less in interest than fees

Since March, Danes' interest payments have been below the administration fees on their mortgage loans. This is mainly due to the fact that the average interest rate has been reduced significantly over a longer period. The drop of the interest rates has meant that interest expenses have more than halved since 2014.
Subject Financial statistics
Type Banking and mortgage lending, interests
Period April 2020
Published 27 May 2020

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