(Seoul=Yonhap Infomax) Hyun Jung Lee – The Korea Housing Finance Corporation (HF) announced on the 25th that it will keep interest rates unchanged for its long-term, fixed-rate, amortizing mortgage product, the “Bogeumjari Loan,” for December.


Accordingly, the “Akkim-e Bogeumjari Loan” will continue to offer annual interest rates ranging from 3.65% (10-year term) to 3.95% (50-year term).


Eligible groups such as low-income youth, newlyweds, socially disadvantaged households (including persons with disabilities and single-parent families), and victims of rental fraud may receive an additional preferential rate of up to 1.0 percentage point. With this benefit, the minimum annual rate could be as low as 2.65% (10-year term) to 2.95% (50-year term).


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hjlee@yna.co.kr


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