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Fixed-Rate Mortgages Remain Popular, with the Number of Contracts Increasing in the Prefecture Following the Bank of Japan's Interest Rate Hike, Bringing Them to the Same Level as Variable-Rate Mortgages.
With the Bank of Japan raising its policy interest rate, mortgage interest rates have also risen, leading to an increase in new fixed-rate mortgage contracts, which offer longer interest rates than variable-rate mortgages.
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With the Bank of Japan raising its policy interest rate, mortgage interest rates have also risen, leading to an increase in new fixed-rate mortgage contracts, which offer longer interest rates than variable-rate mortgages.