Mortgage Korea Latest Information


Homebuyers Back as South Korea Aims to Awaken Market
After moving six times in 10 years, Choi Youn Ho, a 46-year-old chemical researcher, said he is hopeful easier mortgage rules will finally allow him to buy a home on the outskirts of Seoul for his family of four. South Korea loosened banks' mortgage restrictions this month as Finance Minister Choi Kyung Hwan, appointed in July, seeks to revive a stagnant property market in Asia's fourth-largest ...

Choi Urges Bank of Korea ‘Harmony’ With Government for Recovery
South Korea Finance Minister Choi Kyung Hwan urged the central bank to support Asia’s fourth- biggest economy, saying it’s important for monetary policy to be in harmony with government efforts to boost growth.

Fitch Affirms Korea Housing Finance Corporation at 'AA-'/Stable
HONG KONG/BARCELONA, September 05 : Fitch Ratings has affirmed Korea Housing Finance Corporation's Long-Term Issuer Default Rating at 'AA-' and Short-Term IDR at 'F1+'. The Outlook on the Long-Term IDR ...

Homebuyers Back as Korea Aims to Awaken Market: Mortgages
Residential buildings stand in the Samseon-dong area of Seoul, South Korea. The government increased the loan limit for homebuyers to 70 percent of a property’s value from as low as 50 percent, starting this month.

S Korea Freezes Benchmark Rate at 2.252
(MENAFN - Qatar News Agency) Seoul September 12 (QNA) - South Korea's central bank on Friday froze its benchmark interest rate at 2.5 percent after cutting the rate by a quarter pe...

South Korean watchdog probes major banks for rate-rigging
Seoul, Aug 27 (IANS) South Korea's anti-trust watchdog has launched a probe into four major commercial banks on allegations that the lenders colluded on setting deposit and lending rates after the central bank's policy rate cut, media reports said. The Fair Trade Commission (FTC) sent six investigators each to Kookmin, Woori, Shinhan and Hana banks Tuesday and Wednesday to look into whether the ...

S Korea Freezes Benchmark Rate at 2.25%
(MENAFN - QNA) South Korea's central bank on Friday froze its benchmark interest rate at 2.5 percent after cutting the rate by a quarter percentage point in the previous month. T...

Taiwan's consumer lending market set to reap benefit from global recovery and improvements in external demand
The Central Bank of the Republic of China (Taiwan) has held policy rate since Q3 2011. Muted domestic and imported inflationary pressures mean the CBC focused more on steadying growth amidst an uncertain.......

Why Funds Are Selling Analysts’ Top-Ranked Korean Stock
South Korean money managers are selling out of analysts’ most-loved stock.

Avoid Russia with This Better BRIC Emerging Market ETF
Russia may be dragging down the BRIC group. If you think this will continue, consider the BICK ETF instead.

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