0 minute readSouth Korean banks’ mortgage lending to households in March grew at a faster pace, boosting overall household loans, on lower lending rates and more new home supply, central bank data showed on Thursday. Household mortgage loans rose by ?1.68trn (US$1.49bn) in March from the previous month to ?267.2trn after adding ?701.7bn won in February, the Bank of Korea said in a statement. Overall lending to households also rose ?1.94trn in March from the prior month to ?409.3trn, the central bank said.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
