mortgage lenders Archives

Abu Dhabi

UAE proptech Huspy secures major funding round led by Balderton Capital

by Staff Writer Thu 23 May 2024Thu 23 May 2024

Fifth Wall and several other investors also participated in the latest round of investment, which notched up the startup’s valuation much higher than its first round in 2022

Latest in mortgage lenders

Dubai property market

The increase in interest rates has created an all-time high on mortgage applications

by Rosie PattersonMon 30 May 2022Mon 30 May 2022

bank loans

Video: Why India’s financial sector is in trouble

by ITPThu 14 Nov 2019Wed 6 Oct 2021

The FT report explains what’s behind India’s banking crisis and why it could spread to the real economy.

SAMA said the number of mortgages signed in the first five months of 2019 was 58,809 contract worth 27,019 billion Saudi riyals, compared to about 18 thousand contracts worth 11,680 billion Saudi riyals during the same period last year.

Home loan

Saudi Arabia sees 212% surge in new mortgages in May

by Staff writerSun 30 Jun 2019Thu 7 Oct 2021

Kingdom is aiming to increase home ownership to 70% by 2030

LTFR mortgage loans

Saudi Arabia’s SRC reduces rates for long-term, fixed rate mortgages

by Bernd Debusmann JrThu 30 May 2019Thu 7 Oct 2021

The move is aimed at supporting the growth of the kingdom’s secondary mortgage market

The Ministry of Housing recently launched a programme that facilitates financial government support in order to help citizens enjoy profit from mortgages and raise their ownership rate to 70% by 2030.

Home loan

Saudi bank mortgages tripled in Q1

by Staff WriterTue 30 Apr 2019Thu 7 Oct 2021

The size of funding also grew 133% compared to the same quarter last year