Mortgage rates eased last week following recent increases, but would-be home buyers or refinancers didn’t bite. … Drop in Rates Still Doesn’t Budge Loan DemandRead more
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Higher Rates Offset Loan Demand
Home buyers and homeowners may be getting spooked by higher mortgage rates. Mortgage applications for both … Higher Rates Offset Loan DemandRead more
NNPC to invest N100billion unharnessed land in real estate
NNPC tower Plans are underway by the Nigerian National Petroleum Corporation (NNPC) to invest its over … NNPC to invest N100billion unharnessed land in real estateRead more
Loan Demand Stalls in Volatile Week
The highest mortgage rates in four years caused a pause in mortgage applications from home buyers … Loan Demand Stalls in Volatile WeekRead more
CBN enlists 34 mortgage banks, others for 'My Own Home’ scheme
CBN building Following plans to introduce a public private partnership scheme that seeks to increase access … CBN enlists 34 mortgage banks, others for 'My Own Home’ schemeRead more
Rising Rates Cause Loan Demand to Teeter
Mortgage rates were on the rise for the second consecutive week, causing some borrowers to show … Rising Rates Cause Loan Demand to TeeterRead more
MBAN, operators plan non-interest mortgages, lobby for intervention fund
Adeniyi Akinlusi is the President, Mortgage Banking Association of Nigeria (MBAN) and Chief Executive Officer, TrustBond … MBAN, operators plan non-interest mortgages, lobby for intervention fundRead more
Home Buyers in a Rush to Beat Higher Rates
Mortgage rates are moving higher, and that has some home shoppers rushing to locking in rates … Home Buyers in a Rush to Beat Higher RatesRead more
Loan Demand Jumps Over Fears?
Mortgage applications for refinancings and home purchases surged 4.1 percent last week on a seasonally adjusted … Loan Demand Jumps Over Fears?Read more
EFCC, company, others in court over Safetowers Estate project
Artistic impression of the disputed Safetower Estate, Lekki, Lagos The mult-billion naira Safetowers Estate located at … EFCC, company, others in court over Safetowers Estate projectRead more
Four states adopt NMRC’s draft mortgage foreclosure law
Babatunde Raji Fashola, Minister of Works, Power and Housing. Hopes of realizing the mortgage-backed housing dream … Four states adopt NMRC’s draft mortgage foreclosure lawRead more
Stakeholders urge repeal of FMBN Act
Managing Director, FMBN, Ahmed Dangiwa Stakeholders in mortgage industry have called for the repeal of the … Stakeholders urge repeal of FMBN ActRead more