Mortgage Korea Latest Information


Mortgage rates fall to 2014 low
Average fixed mortgage rates hit a new low for the year, Freddie Mac said Thursday.

S. Korea 3Q household credit accelerates to 6.7% YoY
As driven by the drastic increase in mortgage loans, the household credit of South Korea accelerated...

Household debt in S. Korea triggers concerns
South Korea’s soaring household debt, boosted by low borrowing costs and eased mortgage lending, is touching off concerns on the ability of the borrowers to repay it, according to experts

Regulator directs Fannie, Freddie to fill affordable housing fund
Fannie Mae and Freddie Mac's regulator on Thursday directed the two government-controlled mortgage firms to begin setting aside money for an affordable housing fund established in 2008.

Whistleblower cashes in big payday
An ex-Countrywide Financial executive cashed in on big payday after whistleblowing in Bank of America investigation. The NYT reports.

NCSI: National Customer Satisfaction Index Results for Banks, Mortgage Lenders, Credit Cards and Insurance
The national level of customer satisfaction grew by 0.4 percent in the third quarter of 2014, according to a report released today by the National Customer Satisfaction Index .

Beware the Chinese mortgage bomb
Analysis: The world's second-biggest economy is in trouble. The latest move poses risks to us all.

SEOUL, Dec. 9 (Xinhua) -- Household loans by banks and non-bank deposit takers in South Korea
grew the most in the country's history in October after the financial regulator eased regulations on mortgage financing, central bank data showed Tuesday.

To boost GDP, China may be making a mortgage bomb
The first Chinese interest-rate cut in more than two years is a stark recognition that the world's second-biggest economy is in trouble.

Wounded Army veteran receives keys to a newly renovated and mortgage-free home
While many people have wonderful memories of the holidays, Christmas can trigger memories of time away from home for many wounded veterans. To give wounded Army veteran, Sergeant Jason North and his f

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