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.

To get the full story, subscribe or login  Subscribe to vNews | Log-In to vNews