JamDung Mom

Learn About Jamaican-Related Topics from Navigating the Financial Landscape to Health and Wellness to Raising Two Boys!. 

 

Mortgage Rates in Jamaica

Mortgage Rates in Jamaica

Intro How Have Mortgage Rates Been Changing Over Time?Interest rates have been on the decline in Jamaica, as a result of the government putting several policies in place to make it cheaper for consumers to borrow, particularly when it comes to home ownership. A few of...

Mortgage Fees – The hidden secret of home ownership.

Mortgage Fees – The hidden secret of home ownership.

Intro What Will it Cost to Own a Home?As a home buyer, you should estimate about 10% of the cost of the home for fees if you are taking a mortgage and 6% if you are not (not including the downpayment). Although I mentioned some of the fees in my articles Steps Towards...

Your NHT Benefit – Make it Work For You!

Your NHT Benefit – Make it Work For You!

Intro What is a NHT Benefit and How Can It Help You To Own a Home?  As someone who has benefited from a NHT Loan I thought I would share some of the benefits of using the NHT especially for those who have the benefit and may not know about it! I don't work for or...

The First Time Home Owners Guide – Jamaica

The First Time Home Owners Guide – Jamaica

STEPS TOWARDS Home Ownership - A Guide August 2019 You’ve decided to buy a house. Congratulations! The road ahead of you will be long and require patience. I bought my first home about five years ago while simultaneously trying to sell my parents’ home on their...

Trends in Global Remittances

Trends in Global Remittances

Intro Global Trends in RemittanceThe remittance market continues to play an important role in the economic growth and livelihoods of people across the world. Remittance inflows in developing countries often constitute a significant share in their GDPs, and are much...

Remittances in Jamaica

Remittances in Jamaica

Intro Jamaica's Reliance on Remittance 2nd in the Caribbean January 2019 Remittances to Jamaica are primarily used for household expenses by the poorest quintile of the Jamaican population[1]. The World Bank states that Jamaica received over US $2.4 billion in...