Looking to borrow
A customer asks advice about government-backed housing loans with low interest at a Hana Bank branch in Myeong-dong, central Seoul, yesterday. Starting yesterday, people who own a single home smaller than 85 square meters (914 square feet) and worth less than 400 million won ($388,000) can apply for the low-interest, home-buying loan. The total annual income of the household applying for the loan has to be under 60 million won. [NEWS1]
with the Korea JoongAng Daily
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