<Anchor> This



is a friendly economic time.

Today (3rd) I will be with reporter Han Ji-yeon.

I think it's because the Bank of Korea raised the base rate at the end of last month, but the interest rates on deposits and savings accounts have risen a bit lately?



<Reporter>



Yes, there are places that have raised 0.7 percentage points a year recently.

Now, the interest rate on deposits of around 3% per annum has been seen quite a bit.



For the past two months, major commercial banks have raised interest rates on deposits and savings accounts by up to 0.4 percentage points each month.



It seems that money is naturally flowing into bank deposits and savings accounts. As of the 30th of last month, the balance of savings-type deposits such as regular deposits and savings accounts at five major commercial banks increased by more than 17 trillion won in one month, reaching 715 trillion won.



Conversely, borrowings would decrease.

When I looked at the household loan balance of the five major commercial banks, it decreased by 1.3 trillion won to about 701 trillion won in one month.



<Anchor>



It seems unlikely that banks will only raise deposit interest rates like this.

Obviously, the interest rate on the loan would have been raised as well, but has the interest rate increased recently?

How is it?



<Reporter>



Yes, borrowing money has become too difficult.

In one month, it rose 0.07 percentage points to 4.05%.



This is the highest level in eight years and one month since March 2014.

The base rate has been raised four times since August last year until April of this year. 



In July of last year alone, the household interest rate, which was in the 2% range, has risen steadily, rising by more than 1 percentage point in 9 months.



Mortgage loans are the largest among household loans.

This also increased by 0.06 percentage points in one month to 3.9%, which is the highest level in nine years and one month.



The problem is that it doesn't end there.

The base rate was raised on the 26th of last month, so it will rise again in June.

As a result, the burden of borrowing with variable interest rates is also increasing.



For example, if you bought a house with a loan of 200 million won at the 2% level last year, your monthly interest rate nearly doubled from 300,000 won to 700,000 won.



<Anchor>



Usually, when interest rates rise like this, demand for houses decreases when interest rates rise.

When buying a house, most people take out a lot of loans.

But you say that the young generation in their 2030s are buying a lot of houses in Seoul recently?



<Reporter>



Yes, as you said, the overall apartment buying trend has decreased a bit, but the number of people in their 20s and 30s buying an apartment in Seoul recorded the highest this year.



If you look at the proportion of apartment purchases in Seoul in 2030 among all age groups, it exceeded 40% every month until October last year, and then fell to 30%.



Although interest rates are rising, it is analyzed that sales for the purpose of real residence have increased as the jeonse rental market is unstable.



[Accredited real estate agent: (Is it easy to find jeonse or monthly rent these days?) I think it will be a little difficult in the fall...

.

(Interest rates are high these days, right?) Then the monthly rent is right.]



Actually, I live in a reverse trend, and if I want to renew my contract in August, they ask me to raise my rent by 500,000 won and ask for 1.4 million won.



At this point, I just want to buy a house.

With this in mind, it is analyzed that it was decided that it would be cheaper to pay interest on a loan to a bank in 2030.



<Anchor>



It seems that the city of Seoul is promoting various projects to support the formation of assets for young people, and one of them is the 'Double Hope Youth Passbook'.

Has the application started now?



<Reporter>



Yes, the Seoul Metropolitan Government does it. The application started yesterday.

If you save 5.4 million won over 3 years, you will get back twice as much as 10.8 million won or more.



The target audience is young people aged 18 to 34 with a monthly income of 2.55 million won or less. You can apply.



You can apply by going to the local community center by the 24th of this month.

You can check the application form on the website of the Seoul Metropolitan Government or autonomous district.



The number of new recruits this time is 7,000. For reference, last year's competition was 2.43 to 1.

If you are selected on October 14th after the screening process, you will start saving for the first time in November.