Fixed-Rate Mortgage Share Plunges to 31.9%, Lowest in 12 Years and 5 Months — BigGo Finance
The share of fixed-rate loans in South Korea’s mortgage market has fallen to its lowest level in 12…
Fixed-Rate Mortgages Fall to 12-Year Low in Korea as Borrowers Shift to Variable
A mortgage loan banner hangs on the exterior wall of a mutual finance company in Seoul. Yonhap News…
Bank of Korea Tightens as Government Unveils Record ₩800 Trillion Budget — Bond Market Flashes Warning Over Policy Discord — BigGo Finance
The Bank of Korea raised its base rate for the first time in three and a half years,…
Household debt exceeded KRW 2,000 trillion for the first time in the second quarter of this year as ..
12.2 trillion won in mortgage loans and 12.8 trillion won in other loans4 years and 6 monthsBoomerang’s surge…
Mortgage Variable Rates Rise, Deepening Burden on Homebuyers
A view of ATMs at commercial banks in Seoul. News1 Mortgage rates at banks are facing upward pressure…
Fixed-Rate Share of Mortgages Plunges 19 Points in Two Months
▲AI PRISM* Customized Economic Briefing *Editor’s Note: ‘AI PRISM’ (Personalized Report & Insight Summarizing Media) is an ‘AI-based…
Korean Banks Raise Mortgage Rates as Financial Bond Yields Near 4.5%
Korean banks are moving to raise interest rates. Financial bond yields have surged to the mid-4% range this…
Korean Mortgage Rates Climb Further as KB, NH Raise by 0.2 Points
Major commercial banks in Korea are raising mortgage rates one after another. The moves come as expectations grow…