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CIMB Research sees residential mortgage growth falling to 7%

Mortgage

CIMB Research sees residential mortgage growth falling to 7%

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KUALA LUMPUR: CIMB Equities Research expects residential mortgage boom, that’s the most important mortgage phase of the banking industry’s total loans, to gradual down in addition in 2019 due to the careful 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 among 2010 and 2013.