Flat 35 Hits First 3% Bracket, Major Banks' Fixed Rates Rise for 11th Consecutive Month
Key facts
- Flat 35 Hits First 3% Bracket, Major Banks' Fixed Rates Rise for 11th Consecutive Month
- In response to rising housing loan interest rates, GOEN Inc. is strengthening its housing budget diagnostics and loan consultations for prospective homebuyers. Major banks' fixed rates have increased for the 11th consecutive month, and Flat 35 has reached its first 3% bracket.
- Source: PR Times
- Date: June 10, 2026
Direct answer
In response to rising housing loan interest rates, GOEN Inc. is strengthening its housing budget diagnostics and loan consultations for prospective homebuyers. Major banks' fixed rates have increased for the 11th consecutive month, and Flat 35 has reached its first 3% bracket.
- Citation
- Flat 35 Hits First 3% Bracket, Major Banks' Fixed Rates Rise for 11th Consecutive Month (June 10, 2026), PR Times
- Source
- PR Times
- Date
- June 10, 2026
In response to rising housing loan interest rates, GOEN Inc. is strengthening its housing budget diagnostics and loan consultations for prospective homebuyers. Major banks' fixed rates have increased for the 11th consecutive month, and Flat 35 has reached its first 3% bracket.
📋 Article Processing Timeline
- 📰 Published: June 10, 2026 at 02:56
- 🔍 Collected: June 9, 2026 at 18:06
- 🤖 AI Analyzed: June 12, 2026 at 16:52 (70h 46m after Collected)
GOEN Inc., which operates "Ouchino Kaikata Soudanshitsu" (Home Buying Consultation Room) nationwide, will enhance its housing budget diagnostics and housing loan consultations for those considering purchasing a home, reflecting the latest interest rate levels in response to the rise in housing loan interest rates.
In June 2026, five major banks raised their interest rates for 10-year fixed-rate housing loans. The average preferential interest rate for these five banks rose to 3.556%, an increase of 0.27 percentage points from the previous month. This marks the 11th consecutive month of rising fixed rates, with an approximate 1.6 percentage point increase over the past year.
Furthermore, the "Flat 35" program, announced by the Housing Loan Administration Corporation for June 2026, saw its most frequent interest rate reach 3.21% per annum for loans with a borrowing period of 21 to 35 years and a loan-to-value ratio of 90% or less. This is the first time the most frequent interest rate has exceeded 3% since the current system was established in 2017, representing a 0.50 percentage point increase from 2.71% in the previous month.
The environment surrounding housing loans is undergoing significant changes, moving away from the long-standing era where "ultra-low interest rates were the premise."
Rising interest rates increase monthly and total repayment amounts even for the same borrowing amount, thus requiring more careful housing budget planning than before.
[Variable Rates Held Steady, But Beware of Future Rate Hike Risks]
For variable-rate housing loans, which are used by many homebuyers, all five major banks maintained their preferential interest rates in June 2026.
The average preferential interest rate for the five banks is 1.055%, widening the gap with fixed-rate housing loans. While variable rates make it easier to manage repayment burdens at the time of borrowing, they are subject to the Bank of Japan's policy rates and short-term prime rates, potentially leading to future increases in applicable rates and repayment amounts.
On the other hand, fixed rates allow borrowers to determine the interest rate and repayment amount until the end of the loan term at the time of borrowing, but they are currently at a higher level than variable rates.
Deciding whether a fixed or variable rate is more suitable cannot be based solely on the current interest rate. It is necessary to make a choice that suits each household, considering factors such as household financial capacity, loan amount, repayment period, education expenses, retirement funds, and future income changes.
[Home Buying Consultation Room's Approach to Purchasing a Home in an Era of Rising Interest Rates]
Amidst rising housing loan interest rates, the "Ouchino Kaikata Soudanshitsu" believes it is important to confirm the following three points when considering a home purchase:
1. Confirm the amount you can comfortably repay, not just the amount you can borrow.
The loanable amount offered by financial institutions is not the same as the amount you can repay without straining your household finances. It is necessary to consider your housing budget, including not only your current income but also future education expenses, car purchases, living expenses, and retirement funds.
2. Calculate repayment amounts based on multiple interest rate scenarios.
It is important to check the repayment amounts not only based on current interest rates but also in case interest rates rise in the future. Especially when choosing a variable rate, you need to pre-calculate whether you can continue repayments comfortably even if interest rates increase.
3. Organize your housing budget before deciding on a home builder.
If you reconsider your budget after negotiations with a home builder have progressed, you may have to change your desired house or land. By confirming a feasible budget from your overall household finances before choosing a home builder or property, you can proceed with your home selection with greater peace of mind.
[Housing Budget Diagnostics Reflecting Latest Rates Offered]
The "Ouchino Kaikata Soudanshitsu" offers free housing budget diagnostics that reflect the latest housing loan interest rates.
We organize future household finances, including not only housing purchase costs but also education expenses, living expenses, and retirement funds, to confirm a guideline for a housing budget that can be repaid comfortably for each client.
We also clearly explain the differences between fixed and variable rates and repayment amounts in case of future interest rate hikes, comparing multiple scenarios.
Our goal is not solely to introduce housing loan products, but to support clients in developing their own criteria for making decisions that suit their households and choosing a home with confidence.
[Three Assurances Provided by Ouchino Kaikata Soudanshitsu]
1. Compare homes that suit you from a wide range of options.
We support your home selection by organizing a wide range of options, including custom-built homes, new detached houses, used houses, condominiums, rebuilds, and renovations, to match your family's wishes and budget.
2. We accompany you from before the home purchase to handover.
We support each stage of the home buying process, including comparing home builders, accompanying you to model homes, checking floor plans, reviewing estimates, and confirming upon handover.
3. Consult on housing and finances through a single point of contact.
We organize your overall household finances, including housing purchase budget, housing loans, education expenses, and retirement funds, to support a sustainable home purchase from a long-term perspective.
[Company Profile]
Company Name: GOEN Inc.
Headquarters: Community Haneda Bldg. 8, 3F, 199 Haneda Oita City, Oita Prefecture 870-0942
TEL: 097-574-5064
URL: https://goen-group.jp/
[Media Inquiries & Contact]
Name: Ouchino Kaikata Soudanshitsu Oita Main Branch
Address: Daihachi Bldg. 1F, 1-6 Shimokori Kita, Oita City, Oita Prefecture 870-0952
TEL: 097-574-5084 (Closed Wednesdays. Contact for closed days: [097-574-5064])
URL: https://oita.ouchino-kaikata.com/
Contact: NUKAGA, KUBO
Keywords:
In June 2026, five major banks raised their interest rates for 10-year fixed-rate housing loans. The average preferential interest rate for these five banks rose to 3.556%, an increase of 0.27 percentage points from the previous month. This marks the 11th consecutive month of rising fixed rates, with an approximate 1.6 percentage point increase over the past year.
Furthermore, the "Flat 35" program, announced by the Housing Loan Administration Corporation for June 2026, saw its most frequent interest rate reach 3.21% per annum for loans with a borrowing period of 21 to 35 years and a loan-to-value ratio of 90% or less. This is the first time the most frequent interest rate has exceeded 3% since the current system was established in 2017, representing a 0.50 percentage point increase from 2.71% in the previous month.
The environment surrounding housing loans is undergoing significant changes, moving away from the long-standing era where "ultra-low interest rates were the premise."
Rising interest rates increase monthly and total repayment amounts even for the same borrowing amount, thus requiring more careful housing budget planning than before.
[Variable Rates Held Steady, But Beware of Future Rate Hike Risks]
For variable-rate housing loans, which are used by many homebuyers, all five major banks maintained their preferential interest rates in June 2026.
The average preferential interest rate for the five banks is 1.055%, widening the gap with fixed-rate housing loans. While variable rates make it easier to manage repayment burdens at the time of borrowing, they are subject to the Bank of Japan's policy rates and short-term prime rates, potentially leading to future increases in applicable rates and repayment amounts.
On the other hand, fixed rates allow borrowers to determine the interest rate and repayment amount until the end of the loan term at the time of borrowing, but they are currently at a higher level than variable rates.
Deciding whether a fixed or variable rate is more suitable cannot be based solely on the current interest rate. It is necessary to make a choice that suits each household, considering factors such as household financial capacity, loan amount, repayment period, education expenses, retirement funds, and future income changes.
[Home Buying Consultation Room's Approach to Purchasing a Home in an Era of Rising Interest Rates]
Amidst rising housing loan interest rates, the "Ouchino Kaikata Soudanshitsu" believes it is important to confirm the following three points when considering a home purchase:
1. Confirm the amount you can comfortably repay, not just the amount you can borrow.
The loanable amount offered by financial institutions is not the same as the amount you can repay without straining your household finances. It is necessary to consider your housing budget, including not only your current income but also future education expenses, car purchases, living expenses, and retirement funds.
2. Calculate repayment amounts based on multiple interest rate scenarios.
It is important to check the repayment amounts not only based on current interest rates but also in case interest rates rise in the future. Especially when choosing a variable rate, you need to pre-calculate whether you can continue repayments comfortably even if interest rates increase.
3. Organize your housing budget before deciding on a home builder.
If you reconsider your budget after negotiations with a home builder have progressed, you may have to change your desired house or land. By confirming a feasible budget from your overall household finances before choosing a home builder or property, you can proceed with your home selection with greater peace of mind.
[Housing Budget Diagnostics Reflecting Latest Rates Offered]
The "Ouchino Kaikata Soudanshitsu" offers free housing budget diagnostics that reflect the latest housing loan interest rates.
We organize future household finances, including not only housing purchase costs but also education expenses, living expenses, and retirement funds, to confirm a guideline for a housing budget that can be repaid comfortably for each client.
We also clearly explain the differences between fixed and variable rates and repayment amounts in case of future interest rate hikes, comparing multiple scenarios.
Our goal is not solely to introduce housing loan products, but to support clients in developing their own criteria for making decisions that suit their households and choosing a home with confidence.
[Three Assurances Provided by Ouchino Kaikata Soudanshitsu]
1. Compare homes that suit you from a wide range of options.
We support your home selection by organizing a wide range of options, including custom-built homes, new detached houses, used houses, condominiums, rebuilds, and renovations, to match your family's wishes and budget.
2. We accompany you from before the home purchase to handover.
We support each stage of the home buying process, including comparing home builders, accompanying you to model homes, checking floor plans, reviewing estimates, and confirming upon handover.
3. Consult on housing and finances through a single point of contact.
We organize your overall household finances, including housing purchase budget, housing loans, education expenses, and retirement funds, to support a sustainable home purchase from a long-term perspective.
[Company Profile]
Company Name: GOEN Inc.
Headquarters: Community Haneda Bldg. 8, 3F, 199 Haneda Oita City, Oita Prefecture 870-0942
TEL: 097-574-5064
URL: https://goen-group.jp/
[Media Inquiries & Contact]
Name: Ouchino Kaikata Soudanshitsu Oita Main Branch
Address: Daihachi Bldg. 1F, 1-6 Shimokori Kita, Oita City, Oita Prefecture 870-0952
TEL: 097-574-5084 (Closed Wednesdays. Contact for closed days: [097-574-5064])
URL: https://oita.ouchino-kaikata.com/
Contact: NUKAGA, KUBO
Keywords:
FAQ
Will housing loan interest rates continue to rise?
It depends on monetary policy and economic conditions, but they are currently trending upward and may fluctuate in the future. Staying updated is crucial.
I'm undecided between fixed and variable rate mortgages.
It's best to consult with a specialist based on your household income, expenses, and future plans. Understand the pros and cons of both.
How should I determine my housing purchase budget?
It's important to set a repayment amount that is comfortable, considering not only the loanable amount but also future education and retirement funds.
Is consultation with GOEN Inc. free?
Yes, housing budget diagnostics reflecting the latest rates and housing loan consultations are offered free of charge.
Can I consult even if I'm outside Oita Prefecture?
Yes, 'Ouchino Kaikata Soudanshitsu' operates nationwide. You can consult at a nearby branch or online.