In 2021, the average interest rate for new mortgage loans in South Korea stood at 2.94 percent, up from the previous year's 2.74 percent. The average interest rate for new mortgage loans in South Korea had fallen steadily from 2018 up until 2020.
Annual average interest rate of new mortgage loans in South Korea from 2012 to 2021
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Other statistics that may interest you Housing market in South Korea
Overview
5
- Premium Statistic Home ownership rate South Korea 2021, by household type
- Premium Statistic Home ownership rate South Korea 2021, by age
- Premium Statistic Share of housing units South Korea 2021, by type
- Premium Statistic Living space per person South Korea 2006-2021
- Premium Statistic Total mortgage loans South Korea 2011-2022
Supply
5
- Premium Statistic Residential buildings South Korea 2005-2022
- Premium Statistic Distribution of housing construction permits in South Korea 2022, by housing size
- Premium Statistic Number of housing construction permits South Korea 2011-2022
- Premium Statistic Number of housing construction permits in South Korea 2022, by province
- Premium Statistic Number of housing construction permits in South Korea 2022, by housing size
Transactions
4
Housing price
4
- Premium Statistic Price index for housing purchases South Korea 2013-2022
- Premium Statistic Mean purchase price of housing South Korea 2022, by province
- Premium Statistic Mean purchase price of housing South Korea 2022, by housing type
- Premium Statistic Mean purchase price of apartments South Korea 2022, by size
Financing
6
- Premium Statistic Interest rate of the central bank South Korea 2012-2023
- Premium Statistic Interest rate of new mortgage loans South Korea 2012-2021
- Premium Statistic Mortgage loan originations in South Korea in 2022, by DTI ratio
- Premium Statistic Mortgage loan originations in South Korea in 2022, by housing type
- Premium Statistic Quarterly housing affordability index South Korea 2017-2022
- Premium Statistic Housing affordability index South Korea Q3 2022, by province
Jeonse
5
- Premium Statistic Mean jeonse price of housing South Korea 2022, by province
- Premium Statistic Mean jeonse price of housing South Korea 2022, by housing type
- Premium Statistic Jeonse fraud case share South Korea 2022-2023, by deposit amount
- Premium Statistic Jeonse fraud case share South Korea 2022-2023, by housing type
- Premium Statistic Jeonse fraud victim share South Korea 2022-2023, by age
Further related statistics
17
- Interest rate of new household loans South Korea 2011-2022
- Mortgage debt households Netherlands 2010-2015, by credit provider
- Value of household mortgage debt level in the U.S. 2010-2015
- Mortgage loan originations South Korea 2022, by loan period
- Mortgage loan originations in South Korea in 2022, by age
- Mortgage loan originations in South Korea in 2022, by income
- Mortgage loan originations in South Korea in 2022, by LTV ratio
- Total household debt South Korea 2011-2022
- Total household loans South Korea 2010-2021
- Household debt in the U.S. 2008-2013, by debt category
- Household debt value across Malaysia 2007-2016
- Quarterly Household debt value across Thailand 2016-2017
- Household debt composition in Singapore 2016
- Home mortgage debt of households and nonprofit organizations in the U.S. 1950-2021
- Mortgage debt outstanding on commercial property in the U.S. 2001-2022
- Median interest rate on three-year fixed rate housing loans in Japan 2014-2023
- Share of household borrowing in Taiwan's GDP 2013-2022
Further Content: You might find this interesting as well
Statistics
- Interest rate of new household loans South Korea 2011-2022
- Mortgage debt households Netherlands 2010-2015, by credit provider
- Value of household mortgage debt level in the U.S. 2010-2015
- Mortgage loan originations South Korea 2022, by loan period
- Mortgage loan originations in South Korea in 2022, by age
- Mortgage loan originations in South Korea in 2022, by income
- Mortgage loan originations in South Korea in 2022, by LTV ratio
- Total household debt South Korea 2011-2022
- Total household loans South Korea 2010-2021
- Household debt in the U.S. 2008-2013, by debt category
- Household debt value across Malaysia 2007-2016
- Quarterly Household debt value across Thailand 2016-2017
- Household debt composition in Singapore 2016
- Home mortgage debt of households and nonprofit organizations in the U.S. 1950-2021
- Mortgage debt outstanding on commercial property in the U.S. 2001-2022
- Median interest rate on three-year fixed rate housing loans in Japan 2014-2023
- Share of household borrowing in Taiwan's GDP 2013-2022
Bank of Korea. (December 1, 2022). Annual average interest rate of new mortgage loans in South Korea from 2012 to 2021 [Graph]. In Statista. Retrieved December 03, 2023, from https://www.statista.com/statistics/1119948/south-korea-average-interest-rate-new-mortgage-loans/
Bank of Korea. "Annual average interest rate of new mortgage loans in South Korea from 2012 to 2021." Chart. December 1, 2022. Statista. Accessed December 03, 2023. https://www.statista.com/statistics/1119948/south-korea-average-interest-rate-new-mortgage-loans/
Bank of Korea. (2022). Annual average interest rate of new mortgage loans in South Korea from 2012 to 2021. Statista. Statista Inc.. Accessed: December 03, 2023. https://www.statista.com/statistics/1119948/south-korea-average-interest-rate-new-mortgage-loans/
Bank of Korea. "Annual Average Interest Rate of New Mortgage Loans in South Korea from 2012 to 2021." Statista, Statista Inc., 1 Dec 2022, https://www.statista.com/statistics/1119948/south-korea-average-interest-rate-new-mortgage-loans/
Bank of Korea, Annual average interest rate of new mortgage loans in South Korea from 2012 to 2021 Statista, https://www.statista.com/statistics/1119948/south-korea-average-interest-rate-new-mortgage-loans/ (last visited December 03, 2023)
Annual average interest rate of new mortgage loans in South Korea from 2012 to 2021 [Graph], Bank of Korea, December 1, 2022. [Online]. Available: https://www.statista.com/statistics/1119948/south-korea-average-interest-rate-new-mortgage-loans/