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South Korean household loans climb, driven by mortgage demand as interest rates fall.
South Korean household loans rose for the second month in March, reaching 1,145 trillion won, due to strong demand for mortgage loans.
Mortgage loans increased by 2.2 trillion won, while other loans decreased by 900 billion won.
The Bank of Korea lowered its benchmark interest rate to 2.75%, contributing to the recovery in the housing market.
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Los préstamos familiares surcoreanos aumentan, impulsados por la demanda de hipotecas a medida que bajan las tasas de interés.