South Korea mortgage rate hike
South Korean banks’ mortgage rates hit highest level in seven years: report
South Korean banks’ mortgage rates hit highest level in seven years: report
The loan rate averaged 3.63% in December, 0.12 ppt higher than a month earlier.
South Korean banks’ average mortgage rates hit three-year high: report
The 3.26% interest rate average is its highest since November 2018.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
