Home » Business » COFIX Continues to Rise, Increasing Interest Burden on Bank Loan Borrowers

COFIX Continues to Rise, Increasing Interest Burden on Bank Loan Borrowers

[인포스탁데일리=김영택 기자] The COFIX, which is an indicator of variable interest rates on mortgage loans, continues to rise.

As a result, interest rates on bank loan products have also risen, which has increased the interest burden of borrowers.

The Korea Federation of Banks announced today that the new handling amount Cofix in June was 3.70%, up 0.14 percentage points from the previous month.

Cofix rose for two consecutive months after rising from 3.44% in April to 3.56% in May.

Reporter Kim Young-taek [email protected]

Copyright © Infostock Daily Unauthorized reproduction and redistribution prohibited

2023-07-17 09:06:09
#백브리핑AI #Cofix #rises #consecutive #months #3.70.. #Bank #loan #interest #rate #rises

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.