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South Korea weighs 10-year fixed mortgages as stress DSR could expand loan limits

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  • FSC is reviewing measures to expand banks' 10-year-or-longer fixed-rate mortgage offerings.
  • Mortgage rates reached 4.48% in July, up 0.52 percentage point year over year.
  • Fixed-rate mortgages represented 31.9% of new mortgages in July, the lowest since February 2014.
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