The Pag-IBIG Fund reported a 9% increase in home loan releases for the first quarter of the year, reaching P32.9 billion. The growth reflects continued demand for affordable housing among Filipino workers.
According to the agency, the uptick was driven by competitive interest rates and flexible payment terms, making home ownership more accessible. The number of beneficiaries also rose, with more members availing of the fund's housing programs.
Pag-IBIG officials expressed optimism that the trend will continue, supported by sustained remittances and stable employment. The fund aims to further expand its reach through digital services and partnerships with developers.