mortgage

Inflation reached 7.5 per cent in July, breaking the national target for a second consecutive month. The Bank has explained…

Private residential construction spending in the United States fell again in July, extending what has now become a sustained and…

British mortgage borrowers are now paying an average arrangement fee of £1,129 on fixed rate deals, a noticeably higher figure…

The containers are coming. So are the costs. A sharp rise in global shipping prices could work its way from the docks into Jamaican kitchens, building sites and household budgets for months to come.

Scotiabank’s parent company, the Bank of Nova Scotia, disclosed during its third-quarter earnings call on 25 August that mortgage impairments…

As the cost of a standard 30-year fixed mortgage in the United States approaches 7 per cent, a growing share…

The island is unlikely to collapse, but another 12 months of disrupted energy markets could reshape household budgets, tourism, business, construction and the property market.

Kingston, Jamaica, 26 August 2026 American mortgage rates climbed again this week, reaching their highest level in three weeks after…

KINGSTON, Jamaica — The credit card arrives as a symbol of financial progress: a neat piece of plastic, an attractive…

After five consecutive weekly increases that pushed the 30-year fixed mortgage rate to 6.91 per cent — its highest level…

Andy Burnham became UK Prime Minister on 20 July 2026, immediately raising the prospect of rent controls for England—the first sitting Prime Minister to do so. Against that political backdrop, the housing market data for the past month has shown prices barely growing at £299,253, mortgage rates remaining elevated amid global uncertainty, rents hitting record highs in six of nine UK regions despite slowing nationally, and the new administration launching a VAT consultation on social housing land. For Jamaican diaspora investors and housing policymakers, the convergence of political change and market fragility in Britain carries direct and immediate relevance.

The Bank of Jamaica last reduced its policy rate in February. For homebuyers, however, private-sector residential mortgage rates remain broadly advertised between approximately 8.3 and 10.5 per cent.

The week of 7 August brought the first Making Tax Digital quarterly filing deadline for UK landlords earning above £50,000 — a compliance milestone most were unprepared for. Alongside it: Andy Burnham’s VAT removal on electricity from October, NRLA data showing 41 percent of landlords considering selling in 2026, the approaching launch of the national PRS database, and the Good Landlord Charter arriving in Downing Street as a potential national policy template. For Jamaican diaspora investors with UK property, the compliance demands of the past month have been substantial and cumulative.

Kingston, Jamaica, 12 August 2026 The American property market delivered another instalment of its defining 2026 paradox on Tuesday: sales…

Kingston, Jamaica, 8 August 2026 The United States economy shed 23,000 jobs in July, a figure that landed well below…