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mortgage lenders
Trends
- 1Kenya mortgage loans rise to Ksh307 billion●CBK: Mortgage loans hit Ksh307B as average borrowing rises to Ksh10M
The Central Bank of Kenya reports that mortgage loans have reached Ksh307 billion, with the average mortgage rising to about Ksh10 million. The figures point to continued growth in Kenya's housing finance market, but also highlight affordability pressures as borrowing sizes climb, a topic drawing attention from homebuyers, lenders and property analysts.
- 2Wall Street Zen Downgrades Apollo Commercial Real Estate Finance to Sell●Wall Street Zen Downgrades Apollo Commercial Real Estate Finance (NYSE:ARI) to Sell
Apollo Commercial Real Estate Finance, a mortgage real estate investment trust listed on the New York Stock Exchange under the ticker ARI, has been downgraded to a sell rating by Wall Street Zen. The downgrade adds to the scrutiny facing commercial real estate lenders as investors weigh refinancing risks, property valuations and dividend sustainability across the sector.