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LATEST HOME LOANS NEWS:

Nigeria: IFC Invests in Ghana Home Loans to Expand Access to Housing Finance
IFC, a member of the World Bank Group, will invest in Ghana Home Loans to help the specialised mortgage provider boost residential mortgage lending and provide better access to housing finance for Ghanaians.

ANZ drops fixed rate home loans
ANZ has matched National Australia Bank's (NAB) and Commonwealth Bank of Australia's (CBA) cut to interest rates on fixed home loans, lowering the rates by up to 100 basis points.

ANZ drops fixed rate home loans
ANZ is cutting interest rates on fixed home loans by up to 100 basis points.

Banks to focus on home loans below Rs 25 lakh
Hyderabad, Nov. 20 If you are planning to buy your dream house here is good news. Banks, which have been going slow on home loans till recently, are now planning to focus more on home loans below Rs 25 lakh.

Amlak of Dubai Temporarily Suspends New Home Loans (Update1)
Nov. 19 (Bloomberg) -- Amlak Finance PJSC , the United Arab Emirates' biggest mortgage lender by market value, temporarily stopped granting new home loans as the global credit crisis threatens Dubai's property market and pushes mortgage providers to restructure.

Amlak halts home loans
Amlak Finance, the UAE's biggest mortgage lender by market value, has temporarily stopped granting new home loans, Bloomberg has reported. The bank is reviewing its existing credit policy 'to ensure optimum servicing of existing and prospective accounts', CEO Arif Al Harmi said.

Fannie Mae, Freddie Mac to suspend US home foreclosures
The two US mortgage finance giants, Fannie Mae and Freddie Mac, said on Thursday they halt home foreclosures until early January as they modify loans to help keep owners in their homes.