EghtesadOnline: Iran's highest financial decision-making body has approved further cuts in interest rates to make the most attractive home loans cheaper and more affordable.

EghtesadOnline: The minister of roads and urban development has announced that further cuts in home loan rates, already in the single-digit territory, are on the cards with President Hassan Rouhani supporting the idea.

EghtesadOnline: The entry of new banks in the housing sector–formerly monopolized by Bank Maskan–will foster competition and lower mortgage rates, a member of Majlis Development Commission said.