Bogeumjari Loan Rates Unchanged for November... Lowest Annual Rate at 2.65% with Preferential Rates View original image

The Korea Housing Finance Corporation announced on October 28 that it will keep the interest rates for Bogeumjari Loan, a long-term, fixed-rate, and amortizing mortgage loan, unchanged for November.


Accordingly, the annual interest rates for the "Akkim-e Bogeumjari Loan" will remain between 3.65% (10 years) and 3.95% (50 years).



For low-income youth, newlywed households, socially disadvantaged groups, and victims of rental fraud who are eligible for additional preferential rates, the lowest annual rates will be between 2.65% (10 years) and 2.95% (50 years).


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing