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flag South Korean household loans climb, driven by mortgage demand as interest rates fall.

flag South Korean household loans rose for the second month in March, reaching 1,145 trillion won, due to strong demand for mortgage loans. flag Mortgage loans increased by 2.2 trillion won, while other loans decreased by 900 billion won. flag The Bank of Korea lowered its benchmark interest rate to 2.75%, contributing to the recovery in the housing market.

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