Realtors give advice on timing real estate buys
The current economic crisis triggered by the coronavirus pandemic may present opportunities for new home buyers, according to CEO of Better Homes and Gardens Jamaica, Edwin Wint. “Every crisis crea...
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NHT mortgage moratorium, interest reduction amid COVID-19 fight
Effective immediately, mortgagors of the National Housing Trust (NHT) are to benefit from a three-month moratorium on their mortgage payments to cushion the effects of the expected fallout from the CO...
Five home improvement that may not pay off come time to resell
You spent the holidays binging on HGTV, and now visions of shiplap accent walls and freestanding soaking tubs are dancing through your head. Don’t let your desire to upgrade your home downgrade you...
Bad government policies behind affordable housing quagmire - Chung
Financial analyst Dennis Chung is warning that the shortage of affordable homes, particularly in the Kingston Metropolitan Area, is going to get much worse before it gets better. Chung blames ...
Low financial literacy affecting homeownership among millennials
Carlton Earl Samuels, chief development financing officer of the Jamaica National Group, is positing that low levels of financial literacy among young people classified as Generation Y, or those other...
First Global Bank enters mortgage market
New homeowners now have more options to finance their dream home with First Global Bank (FGB) officially launching their mortgage product, FGB Mortgage. With its newly-launched ca...
45 St James residents presented with land titles
Forty-five residents from communities in West Central St. James were recently handed registered land titles under the Housing Agency of Jamaica (HAJ) National Land Titling Programme. The residents ...
Tips for first-time Jamaican home buyers
Planning on buying a home? No worries, attorney-at-law Carissa Mears has put together a checklist to get you started on your journey to home ownership. Step 1: Know your budget Ask yourself, ...
VMBS launches special mortgage product for self-employed Jamaicans
Victoria Mutual Building Society (VMBS) has earmarked $1.4 billion for a new mortgage product for self-employed individuals. The product, referred to as the “100 per cent Mortgage Solutions f...
Sagicor Bank predicts boom in mortgage industry
With recent developments in the Jamaican economy, Sagicor Bank’s Vice President – Retail, SME and Corporate Banking, Michael Willacy, believes that the country’s mortgage industry is poised for growth...