Tag: mortgages
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Mortgage sector upbeat about $1bn investment
Players in the mortgage industry have described the government’s decision to support the industry with a billion dollars as a step in the right direction. The players are confident the action will help address the housing deficit while revamping the sector. The Finance Minister, Ken Ofori Atta earlier disclosed to Citi Business News Ghana’s maiden thirty year…
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Flexible pension laws to reduce high mortgage costs
Banks want government to amend certain aspects of the housing law to allow collaboration between them and the National Pensions Regulatory Authority (NPRA) to make mortgages cheaper. According to the banks, various restrictions surrounding the tier one and tier two pension funds, hinder their ability to assist Ghanaians to access mortgages. The call comes after…