Global Journal of Commerce & Management Perspective
Open Access

Abstract

Enhancement of Economic Growth through Mortgage Financing and Capitalization

Grace O., Okidim I.A. and Ellah

This study focused on the enhancement of economic growth through mortgage financing and capitalization. The study investigated the effect of changes in mortgage financing on economic growth, it also examined if there wass any relationship between mortgage finance and economic growth. Data for this study were collected from secondary sources. Time series data were utilized from (1992-2010) This data was collected from central bank of Nigeria(CBN) The data were analysed using ordinary least square(ols) regression analyses and t-test. The result from the t-test showed that there was no significant relationship between mortgage finance and economic growth since the t-calculated was greater than t tabulated t-cal(1.162472)