Bank of Jamaica mortgage rates
Rents consuming nearly 58% of average take-home pay, a 150,000-unit housing deficit and a Bank of Jamaica rate that refuses to move — our July 2026 review maps the forces squeezing Jamaica’s renters and first-time buyers and asks what relief, if any, is on the horizon.
Publication date: 5 July 2026 | Covering: June 2026 Monthly Briefing Bank of Jamaica holds policy rate unchanged at 5.50…
Publication date: 5 June 2026 | Covering: May 2026 Monthly Briefing Bank of Jamaica maintains policy rate at 5.50 per…
Publication date: 5 May 2026 | Covering: April 2026 Monthly Briefing Bank of Jamaica holds policy rate steady at 5.50…
A rate cut to 5.50%, inflation falling below the Bank of Jamaica’s own target floor, and a J$50 billion NHT capital plan — Jamaica’s housing market began 2026 with rare optimism. Then oil prices climbed. This quarter’s review examines what changed and what it means.
Publication date: 5 April 2026 | Covering: March 2026 Monthly Briefing Bank of Jamaica holds policy rate at 5.50 per…
Publication date: 5 March 2026 | Covering: February 2026 Monthly Briefing Bank of Jamaica cuts policy rate by 25 basis…
Publication date: 5 February 2026 | Covering: January 2026 Monthly Briefing Bank of Jamaica policy rate holds at 5.75 per…
Hurricane Melissa inflicted damage exceeding 40% of Jamaica’s GDP. As the island enters 2026, the Bank of Jamaica holds rates at 5.75%, inflation is set to breach the upper target and rental pressure intensifies. This is Jamaica’s housing market at its most tested point in a generation.
Publication date: 5 January 2026 | Covering: December 2025 Monthly Briefing Bank of Jamaica holds policy rate at 5.75 per…
Government slashes electricity GCT, NHT loan limits rise and deposits fall for first-time buyers — yet Jamaica’s housing market faces a rental crisis running at 7.3% inflation and a 150,000-unit deficit. October 2025’s review examines what changed and what still needs to.
Publication date: 5 October 2025 | Covering: September 2025 Monthly Briefing Bank of Jamaica holds policy rate at 5.75 per…
Publication date: 5 September 2025 | Covering: August 2025 Monthly Briefing BOJ holds overnight policy rate at 5.75 per cent…
Publication date: 5 August 2025 | Covering: July 2025 Monthly Briefing BOJ holds 5.75 per cent policy rate at June…
Jamaica’s first rate cut in years, 800,000 Airbnb guests annually, new NHT reforms and stabilising inflation — this is Jamaica’s housing market finding a fragile equilibrium. July 2025’s review examines what the progress means and what the market still needs to resolve.