Jamaica mortgage rates

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.

Publication date: 5 July 2025 | Covering: June 2025 Monthly Briefing BOJ holds 5.75 per cent at June 30 meeting,…

Publication date: 5 June 2025 | Covering: May 2025 Monthly Briefing BOJ cuts policy rate 25 basis points to 5.75…

BOJ cuts rate to 5.75%; NHT raises loan limits ahead of July 1 rollout. Jamaica’s housing pipeline expands as new schemes break ground across the island.

Publication date: 5 May 2025 | Covering: April 2025 Monthly Briefing BOJ holds 6.00 per cent at March meeting; reduces…

US tariffs land 5 days after Jamaica’s most ambitious NHT reforms in a generation are announced, while inflation falls from 7.4% to 4.4% in just months. April 2025’s review assesses Jamaica’s housing market at its most pivotal — and most uncertain — moment in years.

Publication date: 5 April 2025 | Covering: March 2025 Monthly Briefing BOJ holds 6.00 per cent; cuts Standing Liquidity Facility…

Publication date: 5 March 2025 | Covering: February 2025 Monthly Briefing BOJ holds at 6.00 per cent since December 2024…

Publication date: 5 February 2025 | Covering: January 2025 Monthly Briefing BOJ holds at 6.00 per cent following its fourth…

Four consecutive BOJ rate cuts in 2024 brought the policy rate to 6.00%, Hurricane Beryl cost 1.1% of GDP, and mortgage originations rose 12.8%. Jamaica enters 2025 with genuine momentum but unchanged structural challenges. January 2025’s review takes the full measure.

Publication date: 5 January 2025 | Covering: December 2024 Monthly Briefing BOJ cuts to 6.00 per cent on December 23,…

Publication date: 5 December 2024 | Covering: November 2024 Monthly Briefing BOJ cuts overnight rate to 6.25 per cent on…

Publication date: 5 November 2024 | Covering: October 2024 Monthly Briefing BOJ cuts overnight rate to 6.50 per cent effective…

Hurricane Beryl damaged 8,700 homes and contracted Jamaica’s economy by 2.8%, even as the Bank of Jamaica began cutting rates and the NHT announced 15,000 new affordable solutions. October 2024’s review examines a market defined by contradiction — and cautious hope.

Publication date: 5 October 2024 | Covering: September 2024 Monthly Briefing BOJ announces second 2024 rate cut to 6.50 per…