Mortgage loans extended by local banks here in Korea went up significantly last month... on the back of a low key rate and robust home transactions.<br />The Bank of Korea says... mortgage lending jumped over 3-and-a-half billion U.S. dollars in February from a month ago.<br />That's more than three times larger than the average growth posted in the month of February during the years from 2008 to 2014.<br />Household lending, including mortgage loans,... reached roughly 5-hundred billion dollars last month,... up around 3 billion from January.
