Moraum

[태그:] interest

  • Trade Republic Monthly Interest Rate Cut 4% → 3.75%

    Trade Republic Cuts Monthly Interest Rate in Response to ECB Base Rate Reduction In a move that may disappoint some users, Trade Republic has announced a 0.25% decrease in its monthly interest rate for Trade Republic Cashbook accounts. This change comes after the European Central Bank (ECB) lowered its base rate from 4.5% to 4.25%…

  • Buying a Home in Korea: Securing the Lowest Mortgage Rate Amidst Rising Interest Rates

    Navigating the Current Mortgage Landscape in Korea The Korean housing market is currently facing a unique challenge: rising interest rates amidst a strong desire for homeownership. While interest rates were initially expected to decline this year, they have instead taken an upward trajectory due to global economic factors, particularly inflation concerns. This poses a dilemma…

  • The Fed raises rates to combat inflation, but concerns about a recession grow

    Expectations of a rate cut were dashed! The Fed raised rates by 0.5% last week, sending the won/dollar exchange rate to around 1,380 won/dollar. While a weak won can attract foreign investment, it could also lead to domestic interest rate hikes in Korea Global economic issues to watch in May: Downward revision of global growth…