Govt to partner with financial institutions for affordable mortgages

  • | KBC Video
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    The Government will rope in financial institutions through the Kenya Mortgage Refinance Company to provide cheap mortgage to Kenyans seeking to own homes through the Affordable Housing project. The mortgages will be banded into three categories namely social housing, affordable housing and affordable market attracting mortgage rates of 3 percent, 6 percent and 9 percent respectively.

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