[Korea Jeongseon financial newspaper reporters] to February last year, the so-called "hard-nosed goddess review" mortgage loans in the banking sector has been introduced only a year. Regulation has also increased frighteningly real estate boom ride the pre-sale market Dun housing loans appears to be slowing the growth rate in the state regulatory review, income enhancement, principal and interest repayment.
According to the briefing materials submitted by the Bank of Korea 15 days in the National Assembly Planning and Finance Committee, last year (including the Housing Finance Corporation Mortgage Transfer min) end of December Balance household loans surged to 124 trillion won year-end 1154 compared to 6000 one trillion won. The increase in the annual maximum level is a thought.
The increase was double last year, banks Household loans decreased 12.0% (9.4 trillion won) from the previous year to 68.8 trillion won. This growth rate mostly from banks household mortgage lending this year 11 March is due pas significantly slowed. Last year in November increased by 100 billion won 6 of 12 wolen 3.6 trillion won, one year wolen significantly reduced the growth rate to 9000 billion. But the bank was prepared to show Beyond the financial sector is the second so-called "balloon effect" moves loan demand.
The government debt-to-income ratio (DTI) · Housing loan-to-value ratio (LTV) bars such as real estate and interest rate cuts to solve the household debt to banks increased in February last year to begin looking into the braking walked. Since insurance (7 May 2016) also extended to cover but did not nokrok. Groups of banks lending to the pre-sale housing market boom led geupjeungse household loans.
Finally it decided to apply to extend the 'perfect world, judging for the group lending (loan balance) Starting January this year. Apartments in group pre-sale loans going to get paid the interim, the balance was from the domestic housing market, which was considered a peculiarity of seonbunyang excluded from the guidelines target.
According to the banks 15 days of January this year the average loan groups based on five commercial banks have increased interest rate 0.61% 3.76% annual points level in September last year (3.15%) year.
This comes three credit screening guidelines for new mortgage loans for the mutual financial institutions, such as cooperatives, community credit cooperatives is carried out starting February.
Although this figure appears to be slowing, but mortgage interest rates rise riser poles I have already a significant burden on our economy French household. The Korea Development Institute (KDI) gimjiseop researcher 'characteristics and implications of the recent increase in household debt: Based on the real estate loan deregulation before and after' total debt repayment ratio of cases to rise, interest rates in the reporting household (DSR), mortgages recognition rate is likely to constrain economic activity while (LTV) rises within a short period of time, he predicted.
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