The Home Development Mutual Fund (Pag-IBIG Fund) is offering promotional rates on its home loans until the end of 2020 to help members acquire homes and boost the country’s economy amid the coronavirus disease 2019 (Covid-19) pandemic.

In a statement on Thursday, the state-run agency said it was offering rates of 4.985 percent per annum under a one-year repricing period and 5.375 percent per annum under a three-year repricing period. These rates, it added, are its lowest under its Regular Housing Loan program and available to members getting new home loans until the end of this year.

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