Nigeria Mortgage Refinance Company (NMRC) aimed to revive the housing sector will take off next week, according to a report of finance ministry. A report released by the Ministry of Finance on Federal Government Projects in 2014, said in Abuja that the company was scheduled to be inaugurated on Jan. […]
Mortgages
Mortgage refinances bounce back as rates settle
A sharp surge in interest rates caused mortgage refinances to plummet two weeks ago, but they are now finding their footing again. Applications to refinance rose 5 percent last week after falling 9 percent the previous week, according to a seasonally adjusted measure by the Mortgage Bankers Association. They are […]
Mortgage refinances bounce back as rates settle
A sharp surge in interest rates caused mortgage refinances to plummet two weeks ago, but they are now finding their footing again. Applications to refinance rose 5 percent last week after falling 9 percent the previous week, according to a seasonally adjusted measure by the Mortgage Bankers Association. They are […]
