Pag-IBIG home loan releases up 14 percent in Q1

Pag-IBIG home loan releases up 14 percent in Q1

Pag-IBIG Fund reported a record-high increase in home loan releases in the first quarter this year — P27.57 billion.The amount was higher by 14 percent or P3.36 billion than the P24.21 billion released in the same period in 2022.”We are happy to report that we have started the year strong by posting a new record-high in home releases for the first three months of 2023,” Department of Human Settlements and Urban Development Secretary Jose Rizalino Acuzar said in a statement.Pag-IBIG Fund Chief Executive Officer Marilene Acosta said that the agency’s performance at the start of the year showed that it sustained the momentum of its record-high achievement in 2022.Last year…
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