Q. What is the average mortgage rate in Kenya?

In Kenya, the average mortgage rate can vary depending on the lender and the type of mortgage. However, as of now, the average mortgage rate in Kenya ranges from 12% to 18% per annum. Some banks and financial institutions may offer lower rates, around 10% to 12%, for certain types of mortgages or to loyal customers. It’s worth noting that these rates are subject to change and may have additional fees and charges. It’s always best to check with specific lenders for the most up-to-date and accurate information.