Now may be a good time to get a housing loan. Why? Interest rates in the Philippines are currently at relatively low levels, but with the looming possibility that the Bangko Sentral ng Pilipinas (BSP) will increase rates, housing loan interest rates of Philippine banks will follow.
You’re interested to own a property and you’ve already researched on how you can apply for a Pag-IBIG housing loan. How much interest do you have to pay if you are to avail of a loan from Pag-IBIG? See updated post: New Pag-IBIG Fund’s Housing Loan