NASSAU, Bahamas — Mortgage arrears in The Bahamas fell in November 2025, but new mortgage lending grew more slowly than a year earlier, according to the Central Bank of The Bahamas’ monthly report released on 22 December 2025.
Overdue mortgage payments fell by $7.3 million, or 2.6 per cent, to $273.7 million during the month. As a share of all mortgages, arrears dropped 11 basis points to 7.1 per cent. Arrears across all private-sector loans eased to 7.5 per cent.
Bahamian-dollar mortgage lending rose by $4.9 million in November, compared with growth of $13.2 million in November 2024. The weighted average interest rate on bank loans fell by one percentage point to 10.37 per cent.
What it means
Analysis: Falling arrears suggest existing borrowers are under less strain, which reduces the risk of forced sales. But slower mortgage growth, with average loan rates still above 10 per cent, indicates that financed purchases remain a small part of the market, which continues to depend heavily on cash and foreign buyers.
Editor’s note: This article was added to the Jamaica Homes News archive on 30 September 2026. It reports events from December 2025 and is dated to when they were reported.
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