Mogecheck is a free online mortgage comparison and diagnosis service in Japan that helps users find the optimal home loan based on their individual circumstances.

What is the new 'Mortgage User Report'?

It is a monthly report published by Mogecheck that analyzes user data to provide insights into trends for new mortgages and refinancing in Japan.

What is a key trend for new mortgages according to the report?

The national average desired loan amount has increased to ¥50.96 million, and the use of loans longer than 35 years has nearly doubled to 30.6% due to rising real estate prices.

What are the typical savings from refinancing a mortgage?

The report indicates that the average savings from refinancing, after deducting expenses, is stable at around ¥1.75 million to ¥2.0 million.

How does the Tokyo mortgage market compare to the national average?

In Tokyo, the average desired loan amount is around ¥75 million, and the average household income is ¥11.89 million, which is approximately 1.3 times the national average.

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Mortgage Comparison Service "Mogecheck" to Publish Monthly Mortgage User Reports

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AI Summary (NQ-processed)

Mortgage comparison service Mogecheck has started publishing monthly user data reports for new loans and refinancing, revealing market trends such as rising loan amounts and a doubling in the use of ultra-long-term mortgages.

AI Analysis

Frequently Asked Questions

Q: What is Mogecheck?: A: Mogecheck is a free online mortgage comparison and diagnosis service in Japan that helps users find the optimal home loan based on their individual circumstances.
Q: What is the new 'Mortgage User Report'?: A: It is a monthly report published by Mogecheck that analyzes user data to provide insights into trends for new mortgages and refinancing in Japan.
Q: What is a key trend for new mortgages according to the report?: A: The national average desired loan amount has increased to ¥50.96 million, and the use of loans longer than 35 years has nearly doubled to 30.6% due to rising real estate prices.
Q: What are the typical savings from refinancing a mortgage?: A: The report indicates that the average savings from refinancing, after deducting expenses, is stable at around ¥1.75 million to ¥2.0 million.
Q: How does the Tokyo mortgage market compare to the national average?: A: In Tokyo, the average desired loan amount is around ¥75 million, and the average household income is ¥11.89 million, which is approximately 1.3 times the national average.