CIMB Research sees residential mortgage growth falling to 7%

Eula Boone August 8, 2024

KUALA LUMPUR: CIMB Equities Research expects the residential mortgage boom, the most crucial mortgage phase of the banking industry’s total loans, to gradually decrease in addition in 2019 due to the detailed view of the market.

It said on Tuesday residential mortgage increase fell from 13.Three% in 2014 to only 7.6% in 2018 due to the vulnerable assets marketplace bobbing up from the government’s cooling measures carried out between 2010 and 2013.

Eula Boone

I have written professionally since 2010 and have been an investor since 2015. My finance blog, economydiva.com, is one of the most visited blogs in the world, with more than 3 million readers a month. I love sharing what I know about investing, saving, and managing money and providing practical tips on how to be a smart and savvy money manager.

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