Browsing: homeowners

Kingston, Jamaica — For years, mortgage rates in Jamaica have seemed stuck in a tough place: high enough to curb…

In Jamaica today, many homebuyers watch the interest-rate environment like a hawk. With the Bank of Jamaica (BOJ) having lowered…

After Hurricane Beryl, the NHT opened grants, concessional loans and a mortgage moratorium for affected contributors, a tiered response that became the template for a far larger disaster.

Less than a year after moving in, residents of an NHT scheme in St Catherine reported cracking walls and flooding. The episode is a reminder that build quality is part of the housing count.

A historic Trelawny estate the NHT has tried to sell since 2015 is back on the market, a long-running reminder of what happens when contributor funds sit in a non-performing asset.

A change in the insurer covering the NHT’s $200-billion mortgage book is a reminder that homeownership rests on the peril insurance protecting it, a safety net tested by every storm.