[2026-04-02]South Korea Restricts Multi-Homeowners’ Mortgage Extensions and Tightens Household Debt Controls
South Korea has announced new measures to manage household debt and restrict mortgage extensions for multi-homeowners.
The government will limit household debt growth to 1.5% and prohibit mortgage maturity extensions in regulated areas.
These policies take effect from April 17, 2026, following a joint meeting of key financial agencies.