We're going to raise the interest rate."Judamdae Rise" is the biggest in 2 years.

[Anchor]
The Bank of Korea has lowered its benchmark interest rate, but the loan interest rate is rising separately.

Mortgage rates, in particular, rose the most in two years.

Why is that?

Reporter Lee Hyung-won on the report.

[Reporter]
Bank lending rates have rebounded for the first time in four months.

Interest rates have all gone up, both business and household.

In particular, mortgage rates have risen sharply.


Over 0.2%p, the highest in two years.

Even at a time when the Bank of Korea's key interest rate cut in October became a fait accompli,
The interest rate on
has risen significantly.

[Kim Min-soo / Head of the Bank of Korea's Financial Statistics Team: The rise in September's benchmark five-year bank bond rate was flat, but it seems to be due to banks raising additional interest rates.]

The loan rate is determined by the index rate, such as the five-year bank bond, and the additional rate arbitrarily set by the bank.

Among them, the banking sector raised the mortgage rate by reducing the additional interest rate.

The move is in line with the government's stance to strengthen household debt management.

[Lee Jung-hwan / Professor of Economics and Finance at Hanyang University] From the perspective of the bank, the government has no choice but to follow the government's stance (so) tight household debt management, which means that the additional interest rate is likely to be slightly higher in the future...]

Although the recent surge in household debt has slowed down, the government believes it is still too early to feel safe.

As a result, the loan threshold is not expected to be easily lowered even if the Bank of Korea cuts its benchmark interest rate.

I'm Lee Hyungwon of YTN.


Video editing: Jung Kook-yoon
Graphic: Jeon Whee Lin