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South Korea's Household Mortgage Rate Hits 4.36% in June, Highest Since November 2023

2026-07-28 03:37:17

According to data released by the Bank of Korea on July 28, the average mortgage interest rate for household housing loans rose to 4.36% in June, marking the highest level in two years and seven months. The rate climbed 0.04 percentage point from the prior month for the second consecutive monthly increase. Meanwhile, the average interest rate for new bank loans reached 4.31% (up 0.12 points), corporate lending rates rose to 4.27% (up 0.14 points), and new household loans increased to 4.5% (up 0.04 points).

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

Bank of Korea Reports June 2026 Loan Rates Rise 12 Basis Points

Lucas Bennett3h ago

Korean Corporate Bond Yields Hit 2-Year-8-Month High at 4.653%

Lucas Bennett6h ago

South Korea Consumer Sentiment Index Rises to 106.8 in July

Lucas Bennett9h ago

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