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Finance of local housing low by regional standards

Finance of local housing low by regional standards
ON THE DECLINE: House financing is low

The Financial Stability Report has found the size of housing finance, as estimated by mortgages, to be substantially lower than regional standards. By September this year, residential real estate sector mortgage loans stood at P14.2 billion, an increase of 1.8 percent from the P13.9 billion recorded in the same period last year. However, the report […]

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