Pag-IBIG Expands Home Loan Subsidies Amid Real Estate Slump
The Philippines' state housing agency, Pag-IBIG Fund, is expanding home loan subsidies and promotional interest rates to stimulate buyer demand amidst a prolonged downturn in the residential property sector, expected to last until late 2027. High inflation and oversupply are pressuring the market.
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- Pag-IBIG Fund Expands Home Loan Subsidies to Counter Property Slump
Amid a prolonged downturn in the Philippine residential property sector, the Pag-IBIG Fund is expanding home loan subsidies and promotional interest rates to stimulate buyer demand. With the slump expected to persist until late 2027, the initiative aligns with government housing programs to ease the burden on prospective buyers.