Mortgage

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Mortgage rates hit another 3-year low- Freddie Mac

The average U.S. rate for a 30-year fixed mortgage fell to another three-year low this week, according to the latest Freddie Mac Primary Mortgage Market Survey. According to...

Negative Mortgages Set Another Milestone in No-Rate World

The world’s headlong dash to zero or negative interest rates just passed another milestone: Homebuyers in Denmark effectively are being paid to take out...

3,034 Nigerians Receive N2.6 Billion To Build Houses -Federal Mortgage Bank

The Federal Mortgage Bank of Nigeria (FMBN) has disbursed  N2.6 billion to 3,034 beneficiaries under  its intervention housing loan through the Federal Staff Housing...

Dangote Seeks Mortgage Financing In Nigeria

Africa’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote has called for the need to adopt proper mortgage financing and consumer credit...

Double-Digit Mortgage Rate Highlights Nigeria’s Fragile Macro-Economic Fundamentals

...NHF incapable of meeting everyone’s housing needs, experts say High mortgage rate, which continues to deny many Nigerians the privilege of owning homes, portrays how...

Harnessing Mortgage Industry Potential to Grow Economy

The mortgage industry in Nigeria has got a lot of potentials that close industry watchers say, if harnessed, could lead to the growth of...

Mortgage rates plunge to their lowest levels in 33 months

Driven down by worries about a trade war with China, mortgage rates have sunk to multiyear lows. According to the latest data released Thursday by Freddie Mac,...

Single-Digit Interest Rate on the Way for First Home Buyers Seeking N5m Mortgage Loan

Access to housing finance is getting increasingly less stressful and ‘cheaper’ for home buyers as both public and private sector operators are working on...

Mortgage Refinance Applications Rise as Trade Issues Cause Rate Drop

The economic tensions between the U.S. and China drove interest rates down last week, leading to a surge in refinance applications, according to the Mortgage Bankers...

Mortgage Borrowing Rise Signals Stabilisation in UK House Market

6 UK mortgage borrowing picked up slightly in June, suggesting the housing market may be regaining some stability after stalling in the run-up to...
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