1 CHINA SAYS NEW AFRICAN SWINE FEVER OUTBREAK REPORTED IN INNER MONGOLIA WWW.REUTERS.COM PUBLISHED:2018/09/25      2 CAMPAIGN TO CREATE POSITIVE, SAFE CYBER ENVIRONMENT STARTS IN MONGOLIA WWW.XINHUANET.COM PUBLISHED:2018/09/25      3 PM U.KHURELSUKH MEETS WITH THE REPRESENTATIVES OF THE MCC WWW.MONTSAME.MN PUBLISHED:2018/09/25      4 PM MEETS REPRESENTATIVES OF KEY INTERNATIONAL ORGANIZATIONS WWW.ZGM.MN PUBLISHED:2018/09/25      5 MINING MINISTER ELECTED AS A RULING PARTY OFFICIAL WWW.NEWS.MN PUBLISHED:2018/09/25      6 MONGOLIA TO IMPROVE TAX ADMINISTRATION WITH ADB LOAN WWW.NEWS.MN PUBLISHED:2018/09/25      7 US UNIVERSITY OPENS MONGOLIAN LANGUAGE CLASS WWW.NEWS.MN PUBLISHED:2018/09/25      8 ADB TO SUPPORT FIRST DISTRIBUTED RENEWABLE ENERGY SYSTEM IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2018/09/25      9 ADB APPROVES USD 40 MILLION IN LOAN FOR 41MW RENEWABLE ENERGY SYSTEM WWW.ZGM.MN PUBLISHED:2018/09/24      10 POLLUTION PUSHES MONGOLIA'S HERDERS TO RECONSIDER CITY LIFE WWW.THEGUARDIAN.COM PUBLISHED:2018/09/24      МОНГОЛ, ТАЙВАНИЙН ШИНЖЛЭХ УХААН, ТЕХНОЛОГИЙН ХАМТАРСАН СУДАЛГААГ ХЭРЭГЛЭЭНД НЭВТРҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/25     ЕРӨНХИЙ САЙД У.ХҮРЭЛСҮХ "ХАР ТАМХИНЫ АСУУДАЛТАЙ ТЭМЦЭХ ДЭЛХИЙН УРИАЛГА”-Д МОНГОЛ УЛС НЭГДЭЖ БАЙГААГ ИЛЭРХИЙЛЛЭЭ WWW.MEDEE.MN НИЙТЭЛСЭН:2018/09/25     ЗОХИЦУУЛАХ ҮЙЛЧИЛГЭЭТЭЙ ХҮНСНИЙ НЭР ТӨРӨЛ ӨРГӨЖИЖ, ЗАХ ЗЭЭЛ ТЭЛЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/25     ТӨСВИЙН ОРЛОГЫН 26 ХУВИЙГ УУЛ УУРХАЙН САЛБАР БҮРДҮҮЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/09/25     ХЯТАДЫГ СӨРӨХИЙН ТУЛД АНУ $60 ТЭРБУМЫГ ЗАРЦУУЛНА WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/25     “ТОРГОНЫ ЗАМ” АВТО РАЛЛИГИЙН 2019 ОНЫ УРАЛДААН ОХУ-МОНГОЛ-БНХАУ-Д БОЛНО WWW.GOGO.MN НИЙТЭЛСЭН:2018/09/25     МИАТ-ИЙН "BOEING 737-800 АГААРЫН ХӨЛГИЙН БАГ БҮРЭЛДЭХҮҮН ЕВРОПЫН 55 ХОТОД НИСЛЭГ ҮЙЛДЭЭД ЭХ ОРОНДОО ГАЗАРДАВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/25     МОНГОЛЫН БАРАА, БҮТЭЭГДЭХҮҮНИЙГ АЗЕРБАЙЖАН УЛСААР ДАМЖУУЛЖ ОЙРХИ ДОРНОДОД НИЙЛҮҮЛЭХЭД ДЭМЖИНЭ ГЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/09/25     COMCAST КОМПАНИ SKY MEDIA-ГИЙН ДУУДЛАГА ХУДАЛДААНД ЯЛЛАА WWW.ZGM.MN НИЙТЭЛСЭН:2018/09/24     БНХАУ АНУ-ТАЙ ХИЙХЭЭР ТӨЛӨВЛӨЖ БАЙСАН ХУДАЛДААНЫ ХЭЛЭЛЦЭЭГЭЭ ЦУЦАЛЛАА WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2018/09/24    

7 percent mortgage program in discussion www.ubinfo.mn

The Cabinet is considering to facilitate 8 percent mortgage program. Earlier this year, the Ministry of Finance and Bank of Mongolia (BoM) co-established a working group to prepare a draft subsidiary mortgage program with 7 percent interest rate and 25 percent downpayment, which is 5 percent lower than the current subsidized mortgage requirement. Officials perceive that the current 8 percent mortgage program has reached its target market; thus, the Cabinet has prepared a draft program for the first-time accomodation purchasers in the outskirts of Ulaanbaatar with more favorable terms. Sources claim that the program will be financed from the USD 500 million borrowing from the Republic of Korea that settled was during the Prime Minister’s visit to South Korea in January. The soft loan has a maturity date of 30 years and grace period of 10 years with an annual interest rate of 0.2 percent. Presently, around 30 thousand accommodations are ready for sale; however, the housing sales are only about 30 percent. This year, the Government and BoM set a plan to finance around MNT 300 billion to the mortgage program, which will provide around five thousand accommodations. According to Marketinfo, the mortgage program will be effective in decreasing pollution and other associated social problems. This, along with several air pollution protests last winter, will likely galvanize the Cabinet to approve the application of the program in the second quarter of 2018.



Published Date:2018-03-23