Mortgage credit interest rate, percent in South Korea, September 2001 - March 2022:
For that indicator, we provide data for South Korea from September 2001 to March 2022. The average value for South Korea during that period was 4.59 percent with a minimum of 2.39 percent in August 2020 and a maximum of 7.58 percent in October 2008.
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around the world.
Longer historical series
* 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.