How do negative mortgage rates even work? My brain doesn’t understand that. Does the bank make money on fees or something? -1% mortgage rate and 3% in processing fees?
In other words, if you sit on your money, it might evaporate at a rate of -3%, but if you loan your money, it evaporates at a rate of -1%.
edit: for example, my mortage was the monthly Euribor-rate + 0.9% margin. Euribor-rate = -0.5, I pay 0.4%. But there are people who managed to get just a 0.5% margin. They pay nothing or get money back.