The Cost of Fund Index (Cofix), which is the reference rate for variable-rate mortgages, fell for the first time in 11 months to 4.29 percent in December.
A person walks past a banner promoting loans in front of a bank in Seoul on Jan. 17. The Cost of Fund Index (Cofix), which is the reference rate for variable-rate mortgages, fell for the first time in 11 months to 4.29 percent in December. [YONHAP]
![A person walks past a banner promoting loans in front of a bank in Seoul on Jan. 17. The Cost of Fund Index (Cofix), which is the reference rate for variable-rate mortgages, fell for the first time in 11 months to 4.29 percent in December. [YONHAP]](https://img2.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202301/17/koreajoongangdaily/20230117191039074wcdf.jpg)