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Cofix 1.69% based on housing loan… Best in 30 months

The financing cost index, which is the standard for variable interest rates on mortgage loans in the banking sector, reached the highest level in two and a half years.

According to the Federation of Banks, Cofix based on new transaction amount in December last year was 1.69%, up 0.14 percentage point from a month ago.

This is the highest since July 2019, but the gain is slightly less than the all-time high in November.

From tomorrow (18th), banks will reflect the Cofix interest rate level in the variable rate of new home mortgage loans, and the interest rate on bank loans, which has recently risen to the 5% level, is expected to rise further.

#housing loan #cofix #bank

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