MORTGAGE FINANCIAL ACTIVITIES

This study attempts to empirically examine the impact of mortgage financial activities and housing development in Nigeria. The study used housing development, mortgage loans, interest on loans and mortgage investment as proxy for housing development in Nigeria. This study made use of secondary data. The data were sourced from the Central Bank of Nigeria Statistical Bulletin from the period of 1992-2018. Descriptive statistics and Ordinary Least Square regression analysis were adopted for analyses. It was found that housing development does not granger causes mortgage loans, housing development does not granger causes interest on loan, while, housing development granger causes mortgage investment. The study recommends that, the Nigerian Government should increase its expenditure as one of the other factors that could affect housing developments, thereby paying more focus on housing development