[Korea sinyuncheol financial newspaper reporters] are domestic interest rates will continue to climb. Here are this week expected the US based on market interest rates are added, one definite expectation is likely to continue rising interest rates.
Commercial banks, mortgage interest rates are nearing the top 5% per annum. Since August last year has been a rise.
As long as recently announced by looking at the "In January 2017 the weighted average interest rate financial institutions' household lending rate in January (the newly extended basis) of the Bank's deposits rose 0.10% points higher than in December last year, opened 3.39 percent. Household lending rate is riding a fifth straight month after inflation rose 2.95% in September to 3.03% in August last year.
January interest rate is also the highest level in a year 11 months later in February 2015. Mortgage rates rose to 6 months, up 0.03 percent points from the previous month to 3.16%.
◇ by bank lending rate situation
Our mortgage representative of 'i Touch apartments Ron bank jumped 0.15 percent points from 3.25 percent late January, the lowest in the last 10 days by 3.40%. End of February, the loan interest rate is 3.27%, but rose again to 0.1 percentage points after four days rose to 3.30% in the last six days.
Shinhan Bank, Shinhan mortgage loans to the five-year financial bonds to the benchmark interest rate rose by 0.13% points from the end of February 3.32% ~4.43% in the last 10 days 3.45~4.56%.
Hybrid mortgages five years of the Agricultural Bank jumped 0.08% points in the last six days to four days 3.48~4.52% 10 days 3.40~4.44%.
This period climbed every day 0.02~0.03 percentage points. Mortgage rates in the Agricultural Bank was the end of February 3.35~4.39% from year end 3.33~4.37% last January. In March, which would lift lending rates rose sharply.
One example was mixed KEB five years of fixed-rate products from banks in late February last one 3.36~4.68% 10% Hybrid 3.51~4.83 rose 0.15% points to 5 years fixed interest rate products of KB Kookmin Bank rose 0.04% two months point . Late last month, rising from 3.45~4.75% to 3.49~4.79% over the past 10 days.
◇ interest is less money in the bank to continue receiving matgimyeon
Conversely, and to receive the financial means that the consumer receives the interest rate is lower. Interest Rates on Savings Bank in January fell by 0.05% points to 1.51%. Receive falling interest rates are only 5 months since last August.
Regular deposit interest rate was 0.01%, respectively, fell 0.07 points percentage points, also 1.53% to 1.47% interest rate time deposits. Banks do not provide a high-yield financial standpoint, there is no reason to give consumers more money and have to leave.
Jan difference between lending rates and deposit rates of banks (NIS) has grown 0.12 percent points from the previous month to 2.00% points. NIS is the largest in the January 10 004 since January 2013.
Among these are interest only loans are likely to rise further. Because the United States is likely to raise interest rates three times this year to enforce begin in March rate hike. In this case, the market rate will climb gotta such as government bonds and financial bonds affected lending rates of financial institutions also rose cascade them.
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