South Korea will recalibrate household loan volume targets to keep funding flowing to homebuilders and end-users even as July household borrowing slowed to 6.2 trillion won from 8.3 trillion won a month earlier, with mortgage loan growth easing to 3.5 trillion won from 4.5 trillion won. Kim Byoung-hwan, chairman of South Korea’s Financial Services Commission, told an Aug. 14 interagency meeting that the change is not a relaxation of property-loan rules and should not encourage speculative demand, especially as apartment transactions in the Seoul metropolitan area have continued to climb. Authorities said lending remains high versus historical averages and annual management limits are being used quickly. The broader package seeks to stabilize the real estate market by normalizing troubled project-financing (PF, property development funding) sites, expanding public guarantees, launching a three-part youth housing support package, revising Bogeumjari loans, a state-backed fixed-rate mortgage program, to use one spouse’s income for eligibility, and adjusting debt service ratio (DSR, a cap based on repayment capacity) screening to better reflect younger borrowers’ future income.