Pag-IBIG keeps low 3% rate to make housing affordable

Pag-IBIG keeps low 3% rate to make housing affordable

THE Pag-IBIG Fund has been continuously providing affordable housing units through its subsidized housing loan rates under the national government’s expanded Pambansang Pabahay para sa Pilipino (4PH) program.As a result, Housing Secretary Jose Ramon Aliling and Pag-IBIG CEO Marilene Acosta said that Filipino workers are expected to benefit from better-quality socialized housing following the government’s approval of higher price ceilings for soc…

Pag-IBIG keeps low 3% rate as higher price ceilings lift quality of socialized homes

MANILA, Philippines — Filipino workers are expected to benefit from better-quality socialized housing following the government’s approval of higher price ceilings for socialized subdivision and condominium projects, while Pag-IBIG Fund continues to provide affordability through its subsidized housing loan rates under the Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program. The updated ceilings, issued under the Implementing Rules…