Mortgage defaulters to get right of appeal

The Finance Ministry is expected to table before the Cabinet a bill offering borrowers defaulting on their mortgages access to courts to challenge a foreclosure process of their home. The bill creates

Rising interest rates deterring home buyers

Hiking interest rates are prompting Cypriot households to have second thoughts over borrowing money to buy their dream home as demand for mortgages declines rapidly, according to the Central Bank of Cyprus.

1 2 3 11