Written by 1:01 PM Economics

The loan interest rate that rebounded in a month… What about June?

The Bank of Korea will announce the weighted average interest rates of financial institutions for June today (31st).

The bank loan interest rates announced last month for May rebounded within a month. However, among household loans, mortgage loans have continued to decline for seven months in a row, recording the lowest level since May of last year.

As market interest rates are on the decline, there is a focus on the trend of household loan interest rates, as banks are raising margin rates under pressure from the government.

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