Korea Housing Finance Corporation Keeps Bogeumjari Loan Rates Unchanged for November
Minimum Annual Rates of 2.65% to 2.95% by Maturity with Preferential Rates Applied
Korea Housing Finance Corporation (President Kim Kyunghwan) announced that it will keep the interest rates for the "Bogeumjari Loan," a long-term, fixed-rate, amortizing mortgage loan, unchanged for November.
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Based on the "Akkim-e Bogeumjari Loan," annual interest rates will range from 3.65% (10 years) to 3.95% (50 years). If additional preferential rates (up to 1.0 percentage point) are applied to low-income youth, newlywed households, socially disadvantaged groups (such as people with disabilities and single-parent families), and victims of rental fraud, the lowest annual rates will range from 2.65% (10 years) to 2.95% (50 years).
This content was produced with the assistance of AI translation services.
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