News

At least 70% of residential properties in Cebu are bought with housing loans

In Cebu, over 70% of residential properties are bought using housing loans. This trend is driven by the growing demand for housing as Cebu's population continues to rise. With more people moving to the city, the need for new homes is increasing, pushing many to seek financial help through loans. Single-detached houses and condominiums are popular choices, but they often co...

Read more

Pag-IBIG Fund released P77.33B in home loans for August 2024

Pag-IBIG Fund disbursed P77.33 billion in home loans from January to August this year, reflecting an increase of P383 million compared to the P76.94 billion released during the same period last year. This achievement marks the highest home loan release for the January to August period in the Fund’s history, surpassing same period figures from previous years and underscoring Pag-IBIG Fund&...

Read more

Pag-IBIG Fund’s assets breached P 1 trillion

Pag-IBIG Fund reached new heights as the agency breached the P1-trillion mark in Total Net Assets in August 2024, reflecting a 14% growth versus September last year. The growth is largely driven by higher net revenues, increased member savings, and strategic management of its investment portfolios, top officials announced. “We have just celebrated the National Shelter Month and we are pro...

Read more