South Korea: Mortgage credit interest rate

(measure: percent, source: Bank of Korea)
* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in South Korea, July, 2019: For that indicator, Bank of Korea provides data for South Korea from Q3 2001 to 2019. The average value for South Korea during that period was 4.85 percent with a minumum of 2.64 percent in July 2019 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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Measure: percent
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.
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