Mortgage scam in Astana: woman “earned“ from the trust of acquaintances
Tengrinews.kz - A woman accused of repeated fraud has been sentenced in Astana, according to the capital’s prosecutor's office.
Kazakh central bank to allocate $698 million to support mortgage programs
The Central Bank emphasized the measure didn’t imply writing off debts and is targeted at making the mortgage conditions more affordable.
American couple living in yurt
An American couple Grace Brogan and John Kamman are living in a yurt that they bought for $5000.
Several Kazakh banks cease issuing mortgage loans in tenge
Several Kazakhstan’s banks have ceased issuing mortgage loans in tenge.
Central Bank Governor on prices for real estate at the threshold of EXPO-2017
According to the Central Bank Governor, about 15% of those taking mortgages are insolvent.
Experts forecast mortgage lending revival in Kazakhstan
Experts forecast a revival in the stagnated mortgage lending in Kazakhstan. In the most optimistic scenario it will start in end of 2014.
Islamic mortgage suggested to Massimov
Kazakhstan citizen Timur Davletov has applied to Prime-Minister Karim Massimov with a suggestion to make Islamic mortgage available Kazakhstan.
Every fifth Kazakhstan citizen seeks nepotism to register mortgage loan
Every fifth Kazakhstan citizen is confident that nepotism is a key to obtaining mortgage loans in banks or another financial organizations.
Government won’t be restricting prices for housing and growing mortgage rates
Kazakhstan is a market economy, so any attempts on the part of the government to bridle growing prices for housing or mortgage rates are inadmissible: National Bank.
Kazakhstan’s banks see growing demand for consumer loans
According to the National Bank, 47% of the country’s banks saw intensified demand for mortgages.
Kazakhstan citizens pay 260% on mortgages
Mortgage agency Penny Lane Realty made a rating of mortgage availability in different countries.