Category: Mortgage
Kenyans Who Earn Ksh. 150K and Below, To Get Mortgage at 7% per Annum
Mortgage in Kenya: Kenyans who earn less than Ksh.150,000.00 per month will begin getting home mortgages at a rate of 7% down from the current market rate of 11.5%. The loans which will be given by Kenya Mortgage Refinance Company (KMRC), will be channeled to customers through banks, Sacco’s and other financial institutions. These institutions…