South Korea: Mortgage credit interest rate

* indicates monthly or quarterly data series
 South Korea

Mortgage credit interest rate, percent

 Latest value 4.16
 Reference December 2023
 Measure percent
 Data availability September 2001 - December 2023
 Average 4.57
 Min - Max 2.39 - 7.58
 Source Bank of Korea
For that indicator, we provide data for South Korea from September 2001 to December 2023. The average value for South Korea during that period was 4.57 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.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Mortgage credit interest rate - recent values

Historical chart
South Korea - Mortgage credit interest rate - historical chart - 2001-2023
Measure: percent
Source: Bank of Korea


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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.

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 Mortgage credit interest rate 4.35 9/2023 percent
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