Infographic: 3 housing loan tips Deca Homes wants you to keep

MANILA, Philippines – A recent Bangko Sentral ng Pilipinas (BSP) report reveals that more Filipinos are optimistic about the country’s real estate sector.

In the Consumer Expectation Survey for the second quarter of the year, 30.3 percent of households see this quarter as a favorable time to buy high-priced items like housing, motor vehicles and consumer durables. This optimism is largely driven by the improved outlook of consumers on real estate which people in the Metro consider as “a good investment and a means to avoid house rental fees”.

But a house purchase always begins with facing critical money issues like your budget and financing source.

While a lot of home loan providers these days have made the interest rates more competitive and the process simpler and easier, you still need to be on your guard while shopping around.

Deca Homes gives you some tips on how you can be sure of your financing choice.