Interest Rate on e-Mortgage Loans Increased by 0.10%p

 KHFC announced that it would raise the interest rate on e-mortgage loans by 0.1%p. The higher interest rate will be effective on loans applied for from March 2 onward. Meanwhile, the interest rate on bogeumjari loans will remain the same and, therefore, a difference in interest rates between bogeumjari loans and e-mortgage loans will narrow by 0.1%p, from 0.3%p to 0.2%p.

 Depending on maturities, the interest rate on e-mortgage loans supplied from March onward will be available at 5.75% (lowest) ~ 6.20% (highest), which is 0.55%p~0.2%p lower (as of the end of Feb.) than the average interest rate of major housing finance loans offered by commercial banks.