How are government incentives impacting the Residential Mortgage Market?

Government programs and tax benefits like GST credits and mortgage interest deductions are making homeownership more affordable, stimulating demand in the Residential Mortgage Market.

What are some examples of government programs for homebuyers?

India's Pradhan Mantri Awas Yojana (PMAY) that provide financial aid and subsidies to reduce the burden on potential homebuyers.

How do government policies promote financial stability in the mortgage market?

After the Global Financial Crisis, governments introduced macroprudential policies like loan-to-value ratio limits to manage risks and ensure the stability of the Residential Mortgage Market.

Where is the Residential Mortgage Market growing the fastest?

Asia-Pacific as the largest region due to government support and increasing urbanization. However, some countries are cautious about potential housing bubbles.