Mortgage

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Mortgage Deposits Up By 94.5% In 2020 Despite Pandemic

• As stakeholders seek efficient housing scheme Despite the impact of the COVID-19 pandemic in 2020, Nigerians grew their mortgage deposits by 94.5 percent. The customers, under...

Biden’s $10 billion in mortgage aid is on the way — here’s how you qualify

Though there are signs the coronavirus cloud over the U.S. economy is lifting, millions are still facing serious financial strains from the pandemic, including...

5 Ways to Lower Your Mortgage Closing Costs

Closing costs can be very expensive when you buy a home. In fact, according to The Ascent's research, you'll usually pay 2% to 5% of...

Infinity Trust Mortgage Bank Tames COVID-19, Showers Shareholders with Dividend

By Akanimo Sampson Despite the shocks of the rampaging COVID-19 pandemic, Infinity Trust Mortgage Bank Plc has posted an impressive financial records. As a result...

Mortgage Bank Lauds Nigerian Government’s Housing Scheme

The Cooperative Mortgage Bank (CMB) has commended the Federal Government for approving N2 billion for the Cooperative Social Housing Scheme to address the housing...

Why Nigerians pay more for mortgage than African peers

Whereas housing anywhere in the world is a basic necessity, which in the order of human needs, ranks third after food and clothing. But...

Path to homeownership opens with Mutual Alliance’s N3bn mortgage fund

With an offer of 30 percent equity contribution for property off-takers and beneficiaries of the National Housing Fund (NHF), the new mortgage fund being raised by Mutual...

Housing boom: What It Means For The Broader Economy

The U.S. economy grew at a robust clip during the first quarter of this year — and the housing boom fueled by super-low mortgage rates played a key...

N3b Mortgage Facility Launched To Bridge MDAs 30% Equity in NHF

Fresh building blocks were again laid recently in Lagos, unto Nigeria mortgage finance sub-sector, when key operatives gathered to unveil an N3 billion facility,...
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