Japan Megabanks to Raise Fixed-Rate Mortgage Loans

2026-01-31 - 18:26

Three major banks, including Mitsubishi UFJ Bank, announced that they will raise fixed mortgage rates applied from next month. The preferential rate for the standard 10-year fixed mortgage will be increased to 2.75% at Mitsubishi UFJ Bank and Mizuho Bank, while Sumitomo Mitsui Banking Corp. will raise the rate to 2.85%. (News On Japan)