Finance & Mortgage

Saudi Arabia to Build Own Mortgage-Guarantee Fund

As the kingdom is facing a housing shortage in the next five years, the government is trying to implement some mitigation steps. Saudi Arabia's Housing Ministry is planning to create its own development company that will offer mortgage-guarantee fund to boost housing development in the country and attract foreign investors.

Should You Go for Higher Payments in Your Mortgage?

Mortgage payments are long-term commitments, especially for those who opted for a 30-year term. While some may be on the lookout for the lowest interest rate, there may be times when going for higher payments can provide you with more advantages in the long run. Should you consider paying higher for your mortgage?

Should You Co-Sign a Family Member, Relative or Friend’s Mortgage?

Good credit is one of the requirements in applying for a mortgage. Unfortunately, not everyone is able to attain the credit rating standards set by lenders, especially those who are just starting to work. Co-signing a mortgage is one of the options being offered to buyers who are unable to apply for a mortgage because of bad credit. Should you consider being a co-signer for a family member, relative or friend?
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