Yonhap Infomax NewsJan 26
A Bank of Korea report finds high-income earners and homeowners in South Korea are more likely to choose variable-rate mortgages, reflecting greater risk tolerance, while fixed-rate mortgage adoption remains low by global standards.
#YonhapInfomax #BankOfKorea #VariableRateMortgage #FixedRateShare #PolicyMortgage #InterestRateRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101980
High-Income Earners and Homeowners More Likely to Choose Variable-Rate Mortgages—'Able to Withstand Rate Fluctuations'

A Bank of Korea report finds high-income earners and homeowners in South Korea are more likely to choose variable-rate mortgages, reflecting greater risk tolerance, while fixed-rate mortgage adoption remains low by global standards.

Yonhap Infomax
cashinmortgagesJun 26, 2025

Mortgage preferences are changing!

For the first time in decades, the 5-year fixed mortgage is no longer the top choice. In Q1:
🔹 41% of new mortgages were variable rate
🔹 32% were 3- and 4-year fixed terms
🔹 Only 27% were 5-year fixed

Borrowers are opting for more flexibility and shorter terms to better navigate today’s market.

Thinking about your mortgage options? Let’s chat!

#CashinMortgages #MortgageTrends #VariableRateMortgage #FixedRateMortgage #MortgageOptions #HomeLoans