Kenya Mortgage Refinance Company
Affordable Mortgage Opens Doors For Ordinary Kenyans To Own Homes
This mortgage with 9.9% interest rate is way below the market average of 14%, which makes Co-op Bank home loans very attractive especially...
LUKE MULUNDA
Co-op Bank Gets Sh550M To Lend To Home Buyers
The Co-operative Bank last year took a loan of Sh549.8 million from the Kenya Mortgage Refinance Company (KMRC) for onward lending to home...
KALU MENGO
World Bank, AfDB Dish Out Billions For Uhuru Affordable Housing Plan
This initial lending, provided at a fixed rate of 5% per annum, will help mortgage lenders create new mortgages in the market on...
Samuel Gitonga
Property, Pension Industry Players Welcome New Mortgage Regulations
The Mortgage Regulation 2020 stipulates that the funds accessed upon retirement can only be used on a dwelling house for residential purposes with...
BT Correspondent
Mortgage Refinance Company Gets Licence to Start Lending
KMRC's role will be to source loans from big investors and multilateral lenders and act as a pool from which mortgage lenders in...
Samuel Gitonga
KCB signs up for mortgage refinancing firm
KCB Bank Kenya has formally signed up for the Kenya Mortgage Refinance Company (KMRC), a non-deposit taking entity meant to drive affordable mortgages...
BT Correspondent
Chase Bank can’t trace Sh4.5b mortgage defaulters
This makes up a quarter of the total loans that were abandoned when the bank was momentarily closed and later partially opened as...
THE STANDARD
