Luanda – the interest rate charged by commercial banks mortgage loans in New Jersey is very high, more than 30 percent today (Tuesday), in Luanda, on housing, Eugene Correa criticized the director of the Institute of Real Estate Finance exaggerated the performance of the field.
Practiced today in parts of the world interest rate speculation and unrealistic, “said the Housing Department, the New Jersey agency holders to speak, he on the Housing Development Fund – the access conditions are being prepared by the government.
“I do not make a home purchase and pay for more than 30 percent of my salary,” the official said.
Study: Housing Development Fund into the operation of an entry date, saying that this is a government issue, to build them, but he believes that citizens have access to it this year.
He said the government will decide on access to Fund (ie the requirements of urban planning and Construction, within the next few days), and the legal norms of behavior of the entity is ready.
According to Eugene in urbanization and the Ministry of Construction are receiving from the universities and the interest rate and repayment will be included in the rules of the IMF funding contribution period.
Youjinkupo explained that the Housing Development Fund to help reduce the shortage of social housing in the country, while the main objective is to not have the resources to buy a house edge of the population according to their wishes.
Also informed that the fund is to support government programs, establishment of one million houses by 2012.
Tags: interest rates, loan, mortgage