□ Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) stated on March 28, 2016, that it will freeze the  
    interest rate of ‘Bogeumjari Loans,’ its long-term, fixed-rate mortgage loans.
 
□ With the rate freeze, the rates of 'u-Bogeumjari Loan,' an HF mortgage loan available online at its webpage,
    and ’t-Plus Bogeumjari Loan,’ an HF offline mortgage loan available at commercial banks, will stay at the level
    of 2.70% (10-year term) to 2.95% (30-year term) a year. In addition, Akkim e-Bogeumjari Loan,’* which is
    another HF mortgage loan offered in partnership with KEB Hana Bank at an interest rate of 0.10%-points lower
    than that of the regular Bogeumjari Loan thanks to its unique online loan agreement system, will be offered at
    the annual interest rate of 2.60% (10-year term) to 2.85% (30-year term).
 
  *  Akkim e-Bogeumjari Loan is an HF mortgage loan that taken out through online loan and security
    agreements. This mortgage loan is now available at KEB Hana Bank.
 
□ An HF official said, “The interest rate of our Bogeumjari Loan, which is the most representative 30-year fixed-
    rate mortgage loan option, will stay at its lowest level on record. Considering that an income deduction of up
    to KRW 18 million is available for taxpayers with a long-term, fixed-rate, amortizing loan, those who are
    planning to purchase their first home or who already have a mortgage with a higher rate should consider our
    Bogeumjari Loans.”