UAE loans expected to multiply in spite of mortgage cap plan - The National:
"Expectations that the Central Bank will impose a mortgage cap this year are unlikely to dent a surge in the number of new home loans, according to property agents.
Topic Mortgage cap Financial literacy Central Bank of the UAE Personal finance Tamweel Amlak
Estate agents in Dubai and Abu Dhabi are reporting an increase in the number of residents taking out mortgages, as the property market continues to recover despite expectations that the Central Bank is may limit borrowing.
According to the property valuer Cluttons, the number of mortgage valuations it has been asked to carry out over the past 12 months has increased by 40 per cent compared with the same period the previous year."
'via Blog this'
No comments:
Post a Comment