As of the fourth quarter of 2024, the variable mortgage loan interest rate in South Korea stood at 4.9 percent. The rate experienced a significant increase from the third quarter of 2022 to the first quarter of 2023 but has since begun to decline.
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Interest rates on variable mortgage loans in South Korea from 3rd quarter 2022 to 4th quarter 2024
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Bank of Korea. (January 24, 2025). Interest rates on variable mortgage loans in South Korea from 3rd quarter 2022 to 4th quarter 2024 [Graph]. In Statista. Retrieved July 05, 2025, from https://www.statista.com/statistics/1401328/south-korea-variable-mortgage-loan-interest-rate/
Bank of Korea. "Interest rates on variable mortgage loans in South Korea from 3rd quarter 2022 to 4th quarter 2024." Chart. January 24, 2025. Statista. Accessed July 05, 2025. https://www.statista.com/statistics/1401328/south-korea-variable-mortgage-loan-interest-rate/
Bank of Korea. (2025). Interest rates on variable mortgage loans in South Korea from 3rd quarter 2022 to 4th quarter 2024. Statista. Statista Inc.. Accessed: July 05, 2025. https://www.statista.com/statistics/1401328/south-korea-variable-mortgage-loan-interest-rate/
Bank of Korea. "Interest Rates on Variable Mortgage Loans in South Korea from 3rd Quarter 2022 to 4th Quarter 2024." Statista, Statista Inc., 24 Jan 2025, https://www.statista.com/statistics/1401328/south-korea-variable-mortgage-loan-interest-rate/
Bank of Korea, Interest rates on variable mortgage loans in South Korea from 3rd quarter 2022 to 4th quarter 2024 Statista, https://www.statista.com/statistics/1401328/south-korea-variable-mortgage-loan-interest-rate/ (last visited July 05, 2025)
Interest rates on variable mortgage loans in South Korea from 3rd quarter 2022 to 4th quarter 2024 [Graph], Bank of Korea, January 24, 2025. [Online]. Available: https://www.statista.com/statistics/1401328/south-korea-variable-mortgage-loan-interest-rate/