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JeffG
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2024-04-26 08:58:02

JeffG on Nostr: Mortgage rates in Italy are back below 2% for a 20y fixed. 🤯 Think about that for ...

Mortgage rates in Italy are back below 2% for a 20y fixed. 🤯

Think about that for a second. I don't know what the real inflation rate is but it's certain that the banks are losing at least 5-7% now, and swallowing the uncertainty of the next 20 years.

Makes you wonder what their real incentives are...
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