New mortgage loans per borrower drop at sharpest clip in Q2

New mortgage loans per borrower dropped at the sharpest pace in the second quarter amid the government's regulations to cool the overheated housing market, central bank data said Tuesday. Fresh mortgage lending per borrower averaged 208.29 million won ($159,900) during the April-June period, down 21.1 million won from an all-time high of 229.39 million won set three months earlier, according to the data by the Bank of Korea (BOK). It marked the sharpest on-quarter decline since the BOK started c