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Three Japanese banks raise variable mortgage rates

Original: 変動金利

Three Japanese banks have raised the variable interest rate on home loans, while fixed-rate mortgage offerings saw no increases across the five banks surveyed. NHK reports the moves come as rates shift in Japan's housing loan market, leaving borrowers weighing whether variable-rate loans remain the cheaper option or if locking in a fixed rate now makes more sense.

Why now: Rising variable mortgage rates affect household finances, and borrowers in Japan are closely watching rate moves.

NHKJapanese banksJapanese home loan market

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