Topic: mortgages
Mortgage practices and housing incentives hurt Caymanian buyers, say realtors
Delays in processing incentives, such as stamp-duty and pension withdrawal, are delaying mortgage approvals for first-time Caymanian homebuyers, say realtors.
Bill released for early pension withdrawals to pay mortgages
The government is seeking public feedback on proposed amendments to the National Pensions Act, which would allow Caymanians to withdraw money from their pension plans to buy or build homes or pay off their mortgages.
Low-interest loans to help Caymanians get on housing ladder
Caymanian families are being offered low-interest mortgage deals to buy homes or avoid foreclosures on existing properties.
Rising mortgage rates: A focus on the housing market
Rising mortgage rates in 2022 are unlikely to rein in buyers and slow down the housing market like they did in 2018.
