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Tanzania’s Mortgage Market Climbs Nearly 11% Year-on-Year
Tanzania’s mortgage market is expanding despite high borrowing costs and limited housing supply. New data shows residential mortgage lending grew almost 11% over the past year.
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Tanzania’s mortgage market is expanding despite high borrowing costs and limited housing supply. New data shows residential mortgage lending grew almost 11% over the past year.
Tanzania is turning to capital markets to help close its growing housing gap. A new housing bond aims to unlock long-term mortgage financing and expand access to homeownership.