2025-10-16
Added · Updated
The Council of Ministers approved amendments to the interest rates for two real estate financing initiatives effective October 15, 2025. The rate for the initiative targeting middle-income earners is increased from 8% to 12% (declining balance), while the rate for the initiative covering low and middle-income earners is raised from 3% to 8% (declining balance). These revised rates apply to all new loans under these initiatives starting from the decision date.