More Koreans in their twenties and thirties are getting mortgage loans.<br />According to data compiled by five commercial banks, housing loans extended to people in their twenties stood at a combined five-point-two billion U.S. dollars at the end of last month, …up almost 50 percent from June 2013.<br />For people in their thirties, the corresponding figure was up nearly 30 percent to about 52-point-nine billion dollars.<br />Since last year, with the key interest rate being steadily being cut to its current record low of one-point-five percent, the number of low-interest housing loans have been on the rise.<br />On top of this,... more young adults have been borrowing to buy houses over the last two years due to record-high deposit-linked rent... or jeonse ... prices.<br />Data show housing transactions from April to June by the age group rose nearly 40 percent on-year, …marking a record number of quarterly transactions.
