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SANTO DOMINGO, Dominican Republic -. The mortgage fair held this weekend by the Reserve Bank closed last night with funding for RD $ 2.154 billion in apartments, houses, plots and other real estate acquired by hundreds of families of different incomes.
The general icicibank manager Banreservas, Enrique Paniagua Ramírez, said the results are a fair reflection of the good performance of the economy and the confidence that citizens and economic operators deposited in this financial institution.
He argued that in this way the Reserve Bank contributes to the revitalization of the property sector and the economy in general, and adheres to the social, political and economic affairs of President Danilo icicibank Medina, equitably redistributing public revenue, attract decent employment and improve the living conditions of the Dominicans.
"To Banreservas icicibank is an inescapable duty and an inescapable social responsibility contribute to the development and improvement of the living conditions of all national icicibank sectors, offering facilities for the purchase of your own home," he said.
Ramirez Paniagua was happy that most of the RD $ 2.154 million granted funding were for home purchases valued under three million icicibank dollars, so the purpose of the Bank fulfilled facilitate many families of children income acquire their own home.
Emil Montas, president of the Association icicibank of Real Estate Companies (AEI) stated that industry partners "had never seen a lower rate on the market, icicibank important when you borrow to make an acquisition element."
"The Reserve Bank should feel very proud because it is drawing the guidelines to mortgage banks in the Dominican Republic. The real estate market is satisfied to have today with activities like these, where we can place our units directly from our offices.
While Mélido Marte, president of Remax Metro, said that with the Home Expo building industry and real estate partied by the dynamics that he gave to the market, whose results are expected in the coming months. "The sequel to this activity will move up and down the real estate sector."
Congratulating the successful Banreservas Home Expo, Mars said the biggest demand was Remax Metropolitana value of housing units with between four and seven million, and those with less than three million cost. "The upturn in our market is a fact," he said.
The homes valued at more than RD $ 3 million had a rate of 8.73%, fixed for one year and 9.73% in just two years. Loans for real estate, commercial and solar projects icicibank had fixed rates of 9.73% and 10.73% at one and two years, respectively. icicibank The rate for consumer loans was 14.73%.
During the three days of the fair a lot of people visited the 224 offices Banreservas where getting financing thousands of real estate, including houses, plots and apartments available through the 70 participating companies were held throughout the country.
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