[Photo] Financial Authorities Expand Debt Refinancing Infrastructure to Mortgage Loans

On the 9th, officials were busy moving through the corridor of the Financial Services Commission at the Government Seoul Office in Jongno-gu, Seoul, as financial authorities decided to include mortgage loans (Judaemdae) in the 'debt refinancing' infrastructure set to launch in May by the end of the year. The financial authorities explained that the purpose of establishing the debt refinancing platform, which allows users to compare loan interest rates across the financial sector at a glance and switch loans, is to reduce the interest burden of mortgage loans. Photo by Yoon Dong-joo doso7@