Rate fix
The Korea Housing Finance Corporation (HF) started switching floating rate mortgages to fixed-rate mortgages on Thursday. Annual interest rates can be fixed at a low of 3.7 percent according to a loaner's income and age. Submissions can be made either at HF or six major banks in Korea, including KB Kookmin, Woori, Shinhan and Hana. An employee takes calls at a customer service center for the mortgage project in Mapo District, western Seoul, on Thursday. [YONHAP]
with the Korea JoongAng Daily
To write comments, please log in to one of the accounts.
Standards Board Policy (0/250자)