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S. Korea identifies more areas subject to tougher lending rules amid rising house prices Updated: 2020-02-20 16:56:54 KST

The government has identified five more areas subject to stricter lending rules as part of efforts to drive down soaring house prices.
They include three counties in Suwon, one county in Anyang and another in Uiwang, Gyeonggi-do Province, bringing the total to 44.
The government also lowered the loan-to-value ratio for mortgage loans from 60 to 50 percent.
For houses that exceed the 750,dollar mark, the LTV will be cut to thirty percent.
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KOGL : Korea Open Government License
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