Pag-IBIG keeps 3% interest rate amid Middle East war

Pag-IBIG to maintain 3% socialized housing rate

IN a bid to keep homeownership affordable, the Pag-IBIG Fund announced on Monday that it would maintain its 3-percent annual interest rate for qualified socialized housing loans under the expanded Pambansang Pabahay para sa Pilipino (4PH) program.Housing Secretary Jose Ramon Aliling, who chairs Pag-IBIG’s board of trustees, said in a statement that the move was in support to President Ferdinand Marcos Jr.’s directive to keep decent and affordabl…

Pag-IBIG keeps 3% interest rate amid Middle East war

MANILA, Philippines — The Pag-IBIG Fund will retain the 3-percent annual interest rate for qualified socialized housing loans amid the Middle East conflict, which has already affected household consumption. In a statement on Monday, the fund said the move to maintain rates for the Expanded Pambansang Pabahay para sa Pilipino Program would allow Filipino workers to “continue to pursue homeownership even during a time of global uncertainty.” “By k…

Pag-IBIG Fund to maintain 3% socialized housing rate under Expanded 4PH amid Middle East conflict - Mindanao Daily News

Pag-IBIG Fund said it shall maintain its 3% annual interest rate for qualified socialized housing loans under the Expanded Pambansang Pabahay para sa Pilipino Program, keeping homeownership affordable at a time when the conflict in the Middle East continues to unsettle global oil markets and drive volatility in oil prices. The move supports President Ferdinand […] The post Pag-IBIG Fund to maintain 3% socialized housing rate under Expanded 4PH a…

Pag-IBIG Fund to maintain 3% socialized housing rate under Expanded 4PH amid Middle East conflict

Pag-IBIG Fund said it shall maintain its 3% annual interest rate for qualified socialized housing loans under the Expanded PambansangPabahay para sa Pilipino Program, keeping homeownership affordable at a time when the conflict in the Middle East continues to unsettle global oil markets and drive volatility in oil prices. The move supports President Ferdinand R. Marcos Jr.’s direction to keep decent and affordable housing within reach of Filipin…