PUBLISHED : 27 Sep 2024 at 04:44
Participants evaluate mortgage offers at this year’s House and Condo Fair held at Queen Sirikit National Convention Center. 
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Participants evaluate mortgage offers at this year’s House and Condo Fair held at Queen Sirikit National Convention Center. (Photo: Varuth Hirunyatheb)

Kasikorn Research Center (K-Research) expects 1.2% growth in mortgages within the commercial banking sector this year, the lowest level of expansion in 23 years.

The low rate is attributed to the diminished purchasing power of homebuyers.

In the second quarter of 2024, commercial banks booked marginal year-on-year…

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