□ Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) announced on the 26th that it would freeze the interest rate for Bogeumjari Loans, its long-term, fixed-rate amortizing mortgage loans, for November.

□ With this decision, the annual interest rates on the ‘u-Bogeumjari Loan,’ an HF online mortgage loan available through its webpage, and the ‘t-Plus Bogeumjari Loan,’ an HF offline mortgage loan available at commercial banks, will remain unchanged at 2.50% (10-year term) to 2.75% (30-year term). They can be reduced to as low as 2.48% if the loan is purchased via Ansim JuMoney, an HF's online mortgage application tool.

* An applicant who has an interest rate discount coupon issued from the Ansim JuMoney application can get an additional discount of 0.02%p.

<Interest Rates on Bogeumjari Loans (As of November 1, 2016)>

(Unit: %)

Note1) HF's flagship product available through the HF's webpage

Note2) Product available at commercial banks and at the same rate as on the u-Bogeumjari Loan available only through the webpage. This product is available at KEB Hana Bank, KB Kookmin Bank, Standard Chartered Bank Korea, Industrial Bank of Korea, Daegu Bank, Jeju Bank, NH Bank, and Woori Bank.