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Great news for Filipino workers dreaming of owning a home! The Pag-IBIG Fund is maintaining its incredibly low 3% interest rate for its affordable housing loan program. This decision comes at a pivotal time, complementing the government’s recent approval of higher price ceilings for socialized subdivision and condominium projects.
What does this mean for you? It’s a double win! Not only will you continue to benefit from Pag-IBIG’s affordable financing, but you can also look forward to significantly better-quality socialized housing units. The increased price ceilings will allow developers to incorporate improved materials, better designs, and more amenities, elevating the standard of homes available to our hardworking kababayans.
This strategic move by the government, supported by Pag-IBIG’s sustained low rates, ensures that owning a home in the Philippines becomes not just more accessible, but also a more rewarding experience, providing families with safer, more comfortable, and higher-quality living spaces.
Source: Original Article
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