SEOUL, June 18 (Reuters) - A top South Korean regulator said on Thursday that recent mortgage lending growth in the country had been "rapid" and that the regulator was closely monitoring the trend. Financial Supervisory Service (FSS) Governor Kim Jong-chang told a news conference that home-backed loans had expanded at an average 3 trillion won ($2.4 billion) a month recently, a faster rate than .
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(AFX UK Focus) 2009-06-18 08:47 UPDATE 1-S.Korea says recent mortgage lending growth rapid (Interactive Investor)
Posted by mortgage 1070 days ago (Editorial)
NEW YORK, June 18 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages dropped 0.21 percentage point in the latest week, retreating sharply from a seven-month high. Freddie Mac, the home funding company, said on Thursday its survey showed interest rates on the 30-year fixed-rate mortgage averaged 5.38 percent, with an average 0.7 point, for the week ending June 18. That was down from .
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