Interest rate of new mortgage loans South Korea 2015-2024

Published by
H. Yoo,
Feb 11, 2025

In 2024, the average interest rate for new mortgage loans in South Korea stood at around four percent, a decrease from the previous year's 4.37 percent. The average interest rate for new mortgage loans in South Korea saw a nearly two percentage point increase from 2020 to 2022.

Annual average interest rate of new mortgage loans in South Korea from 2015 to 2024

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Release date

January 2025

Region

South Korea

Survey time period

2015 to 2024

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