openPR Logo
Press release

Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking The Door To Affordable Homeownership, Reaching A CAGR Of 12.0% By 2027. Will Philippines Stand On This Expected Figure? Ken Research

07-25-2023 11:17 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Ken Research Pvt .Ltd

Philippines' Economic Boom Ignites Home Finance Revolution:

The Philippines House Finance market is concentrated. The nature of competition is high. Philippine home finance market by banks making it moderately consolidated with competitive rivalry among the competitors. Some of the popular players are Bank of the Philippine Islands, Security Bank, Banco de Oro (BDO), Metro Bank, East West Bank, LANDBANK of the Philippines, Philippine National Bank and China Bank Corporation.

For more information, request a free sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2NDgw

1. Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking the Door to Affordable Homeownership.

PHILIPPINES GDP GROWTH FORECAST

The development of the home financing market is significantly influenced by overall economic growth and stability. When the economy is booming, individuals have more money to spend and more confidence in making long-term commitments like house purchases. Demand for house loans is increased by a healthy economy with growing salaries and employment possibilities that encourage more people and families to think about buying a home.

2. Prepayment Surge in Philippines' Home Loans Signals Accelerated Path to Debt-Free Homeownership

Visit A link Request for Custom Report @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2NDgw

Covid-19 and increase in POGOs led to a lot of fluctuations in the real estate market before 2022, but as the market has started to recover the average repayment rate is back at 11%.

Pag-IBIG also recorded a higher performing loans ratio of 89.96% in October, 2022.

3. Attractive offers by lenders luring Filipino's to go for house financing

https://www.kenresearch.com/book-a-discovery-call.php?Frmdetails=NTk2NDgw to know more about the business model

With more banks, non-bank lenders and other financial institutions entering the market, borrowers are now able to access more financing options. This increased competition has resulted in more competitive interest rates, lower origination fees, and a wider range of loan products.

For more insights on market intelligence, refer to the link below: -

https://www.kenresearch.com/industry-reports/philippines-home-finance-market

Related Reports By Ken Research

https://www.kenresearch.com/industry-reports/global-auto-finance-market

https://www.kenresearch.com/industry-reports/global-auto-finance-market

Ken Research

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Philippines' Economic Boom Ignites Home Finance Revolution: Unlocking The Door To Affordable Homeownership, Reaching A CAGR Of 12.0% By 2027. Will Philippines Stand On This Expected Figure? Ken Research here

News-ID: 3144711 • Views:

More Releases from Ken Research Pvt .Ltd

Kenya Nutraceuticals & Supplements Market Surpasses USD 1.2 Billion Milestone - Latest Insights by Ken Research
Kenya Nutraceuticals & Supplements Market Surpasses USD 1.2 Billion Milestone - …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in Kenya's rapidly evolving nutraceuticals and supplements ecosystem. Delhi, India - October 15, 2025 - Ken Research released its strategic market analysis titled "Kenya Nutraceuticals & Supplements Market Outlook to 2030," revealing that the current market size is valued at USD 1.2 billion, based on a five-year historical analysis. The detailed study outlines how the market
Kenya Digital Banking and Neobanks Market - Ken Research Stated the Sector Valued at ~USD 1.5 billion with Strong Growth Potential
Kenya Digital Banking and Neobanks Market - Ken Research Stated the Sector Value …
Comprehensive market analysis outlines rapid digital adoption, formalized regulations, and fintech-bank collaboration shaping the future of financial services in East Africa's most advanced digital economy. Delhi, India - November 14, 2025 - Ken Research released its strategic market analysis titled "Kenya Digital Banking and Neobanks Market Outlook to 2030," revealing that the current market size is valued at USD 1.5 billion, based on a five-year historical analysis. The detailed study outlines
Ken Research Stated Kenya's Cybersecurity (MDR & SOC) Market Valued at USD 1.2 Billion
Ken Research Stated Kenya's Cybersecurity (MDR & SOC) Market Valued at USD 1.2 B …
Comprehensive market analysis maps rising cyber risk, MDR & SOC adoption, and strategic imperatives for industry leaders in East Africa's digitalizing economy. Delhi, India - November 14, 2025 - Ken Research released its strategic market analysis titled "Kenya Cybersecurity (MDR & SOC) Market Outlook to 2030," revealing that the current market size is valued at USD 1.2 billion, based on a five-year historical analysis. The detailed study outlines how the market
Ken Research Stated Italy Cold Chain & Dairy Exports Market to Reached USD 15 billion
Ken Research Stated Italy Cold Chain & Dairy Exports Market to Reached USD 15 bi …
Comprehensive market analysis maps export-led growth trajectory, investment opportunities, and strategic imperatives for industry leaders in Italy's rapidly evolving cold chain and dairy ecosystem. Delhi, India - October 15, 2025 - Ken Research released its strategic market analysis titled "Italy Cold Chain & Dairy Exports Market Outlook to 2030," revealing that the current market size is valued at USD 15 billion, based on a five-year historical analysis. The detailed study outlines

All 5 Releases


More Releases for Philippine

Kantar Group - Entering the Philippine Market in 2024
Kantar Group is an international market research company headquartered in London, UK, founded in 1992. Over the years, the company has become a pioneer in the market research industry through continuous innovative ideas and technological development. Through a series of mergers and acquisitions, Kantar has rapidly expanded globally. Since July 2019, Kantar is majority owned by Bain Capital Private Equity. Kantar currently has offices in 90 markets around the world,
Boosting Philippine E-commerce with E-Signature Technology
Introduction In the era of digital transformation, e-signature Philippines plays a pivotal role in modernizing business operations. Recognized under Republic Act No. 8792, electronic signatures and digital signatures offer a secure and efficient alternative to traditional paper-based processes. This guide explores the intricacies of e-signature Philippines, including its legal standing, benefits, and the top solutions driving this digital evolution. Legal Framework for E-Signatures in the Philippines Republic Act No. 8792: The E-Commerce Act Enacted
New Era in Consumer Lending Market is growing in Huge Demand in 2020 | Philippin …
The Consumer Lending Market is expected to reach +19% CAGR during forecast period 2020-2026. Consumer lending provides financing for personal, family, or household purposes. The loans can come from a variety of places, including financial institutions or lending platforms, like the aforementioned Prosper and Lending Club. Increase in government initiative toward Consumer lending, and surge in need of reduced loan management time among borrowers and lenders have boosted the growth of
Global Consumer Lending Market is Booming Across the Globe Explored in Latest Re …
The Consumer Lending Market is expected to reach +19% CAGR during forecast period 2020-2026. Consumer lending provides financing for personal, family, or household purposes. The loans can come from a variety of places, including financial institutions or lending platforms, like the aforementioned Prosper and Lending Club. Increase in government initiative toward Consumer lending, and surge in need of reduced loan management time among borrowers and lenders have boosted the growth of
SOFITEL PHILIPPINE PLAZA MANILA WINS MULTIPLE AWARDS IN THE 2018 PHILIPPINE CULI …
Sofitel Philippine Plaza Manila won several awards spanning various categories in the recently concluded Philippine Culinary Cup 2018 (PCC). Held at the SMX Convention Center last August 1 – 4, 2018, Sofitel Philippine Plaza Manila’s master chefs secured multiple awards in the PCC’s Professional Division. Led by Executive Chef Nicholas Shadbolt and under the instruction of team leaders Chinese Chef Michale Tai and Sous Chef Regine Lee, the Sofitel culinary
Sourcing Destination Snapshot: The Emerging Philippine Value Proposition
“The Philippines offers many opportunities as an offshore sourcing destination as well as being well positioned as a regional hub for Asia Pacific.” - Ralph Schonenbach (CEO, Trestle Group) In designing sourcing models, IT and BPO decision-makers literally have a “world” to choose from when it comes to competitive country locations. The unique needs of a business will clearly drive managers to seek out sites capable of satisfying a range