The National Bank of Denmark reported that around 60,000 homeowners still have a negative interest rate on approximately 40,000 mortgage loans, even though new negative-rate mortgages have not been available since 2022. These loans account for a little more than 3 percent of homeowners’ total mortgage debt and carry an average interest rate of -0.12 percent per year, excluding fees, because they have not yet been adjusted after interest rates rose above 0 percent. Most of the remaining negative-rate loans are expected to be adjusted during 2026. The average interest rate on homeowners’ new mortgage loans disbursed in September was 2.82 percent per year, excluding fees.
2025-10-27National Bank of Denmark
National Bank of Denmark reports 60,000 homeowners still hold negative-rate mortgages with most resets due in 2026
The National Bank of Denmark reported that approximately 60,000 homeowners still hold negative interest rate mortgages, accounting for over 3% of total mortgage debt, with an average rate of -0.12% per year. These loans are expected to be adjusted by 2026. New mortgage loans in September had an average interest rate of 2.82% per year.