Monday, April 17, 2017

March new nose fix 1.48% two months kept



[Korea Selected financial newspaper reporters] Fix the nose (COFIX, financing cost index) to the role of the interest rate mortgage loans that kept passing the same level.

15 days, according to the Korea Federation of Banks March newly extended based online co-appeared with 1.48% as delivered. Balance basis nose fix interest rates maintained a 1.60% two months.

In general, the balance based on co-Fix has the features but reflect the market interest rate changes gradually, the market interest rate fluctuations reflect rapidly than the balance based on co-fixes as newly extended basis nose fix calculating target the funding to the month for a new one.

Bankers Association explained, "After you fully understand the features If you want to receive the nose fixes linked loans need to choose carefully loans.

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