Comment by aczerepinski | Hacker News Reader

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Comment by aczerepinski | Hacker News Reader

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This was my reaction too. If any Danish banks are reading this and want to make a juicy half percent, hit me up.

You'd be taking on currency exchange risk, as the Danes will want to loan you Euros but you'll likely be paying back the loan in USDs.

They'll most likely want to loan you some DKK, not EUR.

Denmark is not in the Euro, it uses the Danish Krone (DKK), though it is pegged to the Euro.

> You'd be taking on currency exchange risk

Swapping loans is fairly trivial, and would leave one with a mortgage rate competitive with American ones.

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