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KM Financial Solutions | UPDATE 1-Saudi central bank lifts loan-to-value rate for 1st-time-buyer mortgages
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UPDATE 1-Saudi central bank lifts loan-to-value rate for 1st-time-buyer mortgages

10 Jan UPDATE 1-Saudi central bank lifts loan-to-value rate for 1st-time-buyer mortgages

Posted at 22:16h in News by
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DUBAI, Jan 11 (Reuters) – Saudi Arabia’s central bank lifted
the maximum loan-to-value rate on Thursday for mortgages for
first-time homebuyers to 90 percent from 85 percent in an effort
to stimulate mortgage lending.

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