State eyes Sh10,000 a month mortgages

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The Ongoing construction of Affordable Housing at Buxton in this photo taken on October 12, 2022. PHOTO | KEVIN ODIT | NMG

The government has set its sights on an ambitious overhaul of the housing and mortgage market with a plan to bring down the cost of mortgage instalments to just Sh10,000 a month.

The move is centred on guaranteeing buyers for developers of homes constructed under the affordable housing scheme.

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