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South Korea's COFIX Mortgage Rate Index Hits 3.05% in June, Up 15bp in Three Consecutive Months

2026-07-15 06:30:17

According to Yonhap Infomax citing the Bank Association of Korea, South Korea's mortgage lending rate index COFIX (Cost of Funds Index) hit 3.05% in June, up 15 basis points from May's 2.90% and marking three consecutive months of increases. KB Kookmin Bank raised its six-month mortgage lending rates by 15 basis points to 4.17–5.57% effective July 16.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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