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The loan had a lower interest rate compared to the prevailing rate in the market and payable in longer terms. Pag-IBIG Fund offers a home loan at a low interest rate of 4.5% (for ₱450,000 loan) with a loan term of up to 30 years. A qualified member can get a maximum loan amount of up to ₱6 million.
In December 2023, Pag-IBIG approved ₱12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City, 1,377 in Valenzuela, 944 in Zamboanga City, and 535 in San Juan). [6] The 4PH Program is envisioned to create smart cities nationwide. [7]
Republic Act No. 11201 signed by President Rodrigo Duterte on February 14, 2019. The law creating the Department of Human Settlements and Urban Development (DHSUD), Republic Act No. 11201, was signed into law by President Rodrigo Duterte on February 14, 2019, with the signing announced to the public by the government on February 19, 2019.
Average mortgage rates edge higher for 30-year and 15-year terms as of Wednesday, December 18, 2024, as the Federal Reserve is set to conclude its final policy session of the year.
In 2023, the Fed drove up interest rates to staggering heights -- up to as much as 5.5%, the highest level in more than two decades. Experts: Make These 7 Money Resolutions If You Want To Become ...
Average mortgage rates open the New Year holiday week higher as of Monday, December 30, 2024, pushing the 30-year benchmark past 7.00% and to its highest levels since July.
It was announced on March 9, 2022, that a spin-off was being teased during a virtual charity event in collaboration with drama anthology show Maalaala Mo Kaya. Dubbed as Ang Kulit ng Pag-Ibig, it focuses on the "hidden chapter" of Pogs and Bea, portrayed by cast members Aljon Mendoza and Karina Bautista respectively. Directed by Raz de la Torre ...
The new rules which took effect on January 1, 1980. [11] [12] New rules allowed farmers and fisherfolks to be included in the coverage in 1992 and the year after, household helpers earning at least ₱1,000 monthly. The SSS, in 1995, covered laborers in informal sector earning the same wage monthly.