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Mortgages rule loans sector
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Mortgages rule loans sector
The continued expansion in mortgages to facilitate the increased construction of houses and commercial properties has become “a key structural vulnerability” on the books of lending institutions, especially for credit unions. Financial sector regulators believe, however, that the situation does not pose an immediate threat to financial stability. This comes as elevated construction costs continue to constrain mortgage affordability and the suppl…
·Barbados
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