Citibank offers Mixed rate mortgage rated at as low as 2.99% per year
The term of “Citi Mixed Rate Mortgage” will be at least 10 years and up to 30 years on a mixed rate scheme where fixed rates will be applied for the first 3 or 5 years and then floating rates. As of today, the fixed rate for the initial 3 years will be rated between 2.99% and 4.09%.
An official of Citibank Korea strongly recommended the new product by saying, “it’s an opportunity for those who have mortgage loans at relatively high rates to greatly reduce interest payment.”
Website: http://www.citibank.co.kr
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This news is a press release provided by Citibank Korea Inc..