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Preferential home loan rates set at 4.8% per year

by VTV408 June 2016 Last updated at 09:59 AM

VTV.vn - According to the decision of Prime Minister concerning preferential lending rates for social house buyer at the Bank for Social Policies, the lending rate for house buyers is set at 4.8% per year.

The Prime Minister has signed a decision concerning preferential lending rates for social house buyer at the Bank for Social Policies. The lending rate for house buyers is set at 4.8% per year (about 0.04% per month).

The outstanding value of debts is equals to 130% of the lending rate. This decision will take effect until the end of December and will be applied to all remaining outstanding loans this year.

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