Wednesday, January 17, 2018

Mortgage lending slows*

CariCRIS reaffirms A rating on HMB as...

Government housing in South Trinidad.


Ongoing private sector home construction projects completed by the end of next year have the best chance of benefiting from a recovery of what is now, according to the Caribbean's largest home-grown credit rating agency, a declining real estate mortgage market.
In its October 24-released credit rating report on the state-owned Home Mortgage Bank (HMB), Caribbean Information and Credit Rating Services (CariCRIS) said real estate mortgage lending growth has been almost slashed in half.

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