Housing Finance & Land Registries News

Morocco: Bank loans to real estate sector stood at $22.3bn at the end of August


 | Source: Ecofin Agency

Overall loans granted by Moroccan commercial banks to the real estate industry stood at 211.7 billion dirhams at the end August 2017, thus a bit more than $22.37 billion. Year to year, this is up 4% compared to 2016.

Tanzania: Dar Gets New Lender in Housing Finance Market


 | Source: Tanzania Daily News; All Africa

A new mortgage financing firm, First Housing Company Limited, has been launched bringing into the market new affordable innovative mortgage products.

South Africa: Mixed Reaction From Real Estate Industry to Sarb Decision


 | Source: News24WIRE; All Africa

The decision by the SA Reserve Bank's Monetary Policy Committee on Thursday to keep the repo rate unchanged at 6.75% received a mixed reaction from the real estate sector.

Zimbabwe: Harare City Council, Banks in Housing Deal


 | Source: The Herald; All Africa

Harare City Council has partnered two local banks to develop residential stands for low-income earners around the city with an initial project targeting more than 1 200 stands.

Zimbabwe: POSB $5m Mortgage Fund Targets Low-Income Earners


 | Source: Financial Gazette; All Africa

The People's Own Savings Bank (POSB) has unveiled a $5 million mortgage loan facility for low-income earners.

Uganda: Banks Move to Close Uganda's Housing Gap


 | Source: The Monitor; All Africa

Uganda's housing deficit that currently stands at two million units continues to grow by 300,000 units per year, Housing Finance Bank (HFB) has said.

Tanzania: High Lending Rates Affect Housing - Bank of Tanzania


 | Source: The Citizen; All Africa

In Tanzania, high lending rates negatively affect the supply of housing and imply more financial instruments such as bonds, mortgage, private equity and long-term products.

Zimbabwe: 'Housing Loans Most Popular'


 | Source: Zimbabwe Independent; All Africa

Employees hold more housing loans and personal loans than car loans with the banking sector getting the majority of the loans, a survey has revealed.

Rwanda: Lender Moves to Boost Mortgage Financing


 | Source: The New Times; All Africa

KCB Bank Rwanda will increase mortgage financing by relaxing the requirements enabling customers and developers to use this financing product.

Rwanda: New Govt Initiatives Will Attract More Investors in Affordable Housing – RHA


 | Source: The New Times; All Africa

The government is collaborating with developers and other stakeholders to bring down the cost of decent homes.

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