• Kyodo


Three major banks are considering hiking their housing loan rates more in July as record-low long-term interest rates continue to edge up, sources said.

Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank and Sumitomo Mitsui Banking Corp. are likely to raise their 10-year fixed-rate mortgages by 0.05 to 0.10 percentage point from the current 1.6 percent, the sources said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.