BOJ Interest Rates

Nationwide Building Society closed out last year by cutting mortgage rates to their lowest levels since September 2022, with brokers…

For the first time since October 2023, the cheapest tracker mortgages in Britain fell below the cheapest fixed rate deals…

Santander cut its UK mortgage rates to as low as 3.55 per cent last year in a move brokers linked…

The Bank of England has held its benchmark interest rate at 3.75 per cent for the fourth consecutive meeting, meaning…

Jamaica’s construction sector confronts its worst cost crisis in decades as Ukraine war commodity shocks combine with BOJ rate hikes now approaching 5 per cent.

NHT reform passes Parliament in February 2022 as Russia invades Ukraine in the final days, signalling a potential commodity cost shock for Jamaica’s construction sector.

Jamaica opens 2022 with inflation at multi-year highs, BOJ tightening underway and construction costs climbing — testing property market resilience across all segments.

Jamaica’s property market closes 2021 with resilience intact, but rate hikes, rising build costs and supply shortages loom large over the new year ahead.

The Bank of Jamaica raised rates for the first time in 13 years in October 2021, sending signals to a buoyant housing market still powered by COVID-era demand.

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