Korea's "Yeongkkeul" Borrowers Hit Limit as Mortgage Rates Top 7%Korea's mortgage rates topped 7% again as household debt hit a record 1,993 trillion won, leaving "yeongkkeul" borrowers — who stretched every resource to buy homes — at a breaking point.Published 2026.05.19. 19:47:25
Brace Korea's Weak Links for Default Risk Amid Rising RatesAs U.S. 10-year Treasury yields breach 4.5% and Korea's three-year bond yield jumps to 3.76%, weak links including SMEs and self-employed face mounting default risk amid K-shaped polarization.Published 2026.05.18. 05:32:52
BOK Signals Rate Hike, Timing Is CriticalBank of Korea Senior Deputy Governor Ryoo Sang-dai said it is time to consider a rate hike, citing easing growth concerns and rising inflation pressure despite the benchmark rate being held at 2.5%.Published 2026.05.05. 24:05:05
