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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 190653 [Title] => GMA orders government banks to cut rates on housing loans [Summary] => President Arroyo has ordered state-owned banks to cut their lending rates for low and medium cost housing by three percentage points to six percent, her spokesman said yesterday.
"The President has ordered government financial institutions involved in the housing program to cap their interest rate at six percent for low and medium cost housing," Bunye said.
The banks now charge nine percent annually, including service charges, for low-cost housing loans, he added.
[DatePublished] => 2003-01-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
COMMMUNITY MORTGAGE PROGRAM
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 190653 [Title] => GMA orders government banks to cut rates on housing loans [Summary] => President Arroyo has ordered state-owned banks to cut their lending rates for low and medium cost housing by three percentage points to six percent, her spokesman said yesterday.
"The President has ordered government financial institutions involved in the housing program to cap their interest rate at six percent for low and medium cost housing," Bunye said.
The banks now charge nine percent annually, including service charges, for low-cost housing loans, he added.
[DatePublished] => 2003-01-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
January 7, 2003 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
Lotto Sep 19, 2024
EZ2 - 12 21
SUERTRES - 2 1 3
6D Lotto - 7 5 9 3 0 1
6/42 Lotto - 5 26 2 21 8 27
P19,033,913.00
6/49 Super Lotto - 32n 24 38 35 15
P62,95,035.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66