Economy
Pag-IBIG Cuts Home Loan Rates to 4.5% to Boost Homeownership
The Home Development Mutual Fund (Pag-IBIG) in the Philippines has launched a promotion, cutting home loan interest rates to as low as 4.5%, particularly for properties above the socialized housing price ceiling. This initiative aims to ease the burden of homeownership.
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- Pag-Ibig Cuts Housing Loan Rates to 4.5% to Aid Homebuyers
The Pag-Ibig Fund in the Philippines has lowered housing loan interest rates to as low as 4.5% per annum for homes exceeding the socialized housing price ceiling. This promotional rate, available until the end of 2026, aims to reduce monthly amortization payments for qualified borrowers.