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Full Version: S. Korea: Jeonse loan interest rate exceeds 7%, likely to exceed 8% by year-end
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According to the results of a survey of interest rates in the financial sector, the maximum variable interest rate for jeonse loans and home mortgage loans was close to 7%, indicating that the interest burden has skyrocketed.

In particular, the loan interest rate in November, when the Bank of Korea's interest rate big step will be reflected, is expected to reach 8%, which is likely to cause considerable pain with bank loans.

https://daily.hankooki.com/news/articleV...xno=884977