* indicates monthly or quarterly data series

Mortgage credit interest rate, percent in South Korea

, September 2001 - July 2021: For that indicator, we provide data for South Korea from September 2001 to July 2021. The average value for South Korea during that period was 4.62 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


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Longer historical series
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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