Bank lending rates have rebounded for the first time in four months.
According to the "weighted average interest rate of financial institutions" released by the Bank of Korea today (31st), the deposit bank's loan interest rate in September rose 0.14%p to 4.62% per year.
Specifically, the interest rate on household loans rose 0.15% from August to 4.23%, continuing its second straight month of gains.
In particular, the mortgage rate jumped 0.23%p to 3.74%.
The rise is the largest in two years since September last year, when it was 0.44%p.
The Bank of Korea analyzed that the benchmark interest rate, such as five-year bank bonds, remained flat, but mortgage rates rose as banks raised additional interest rates.
In addition, the corporate loan rate rose 0.1 percentage point to 4.77 percent.
In addition, the interest rate for receiving savings rose 0.05%p to 3.4% per year.
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