Mortgage credit interest rate, percent in South Korea, August, 2020
For that indicator, we provide data for South Korea from September 2001 to August 2020. The average value for South Korea during that period was 4.72 percent with a minimum of 2.39 percent in August 2020 and a maximum of 7.58 percent in October 2008.
Click on the following link to see the values of Mortgage credit interest rate, percent
around the world.
* indicates monthly or quarterly data series
Source: Bank of Korea
Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.