Despite affordability challenges, Kenya's mortgage market experienced significant growth in 2025, with more Kenyans accessing single-digit interest rates.

• 75.6% of mortgage loans in 2025 had variable interest rates, a decrease from 85.9% in 2024.
• The Kenya Mortgage Refinance Company (KMRC) played a key role by increasing financing to lenders by Sh7.7 billion.
• This expansion allowed more borrowers to secure mortgages with lower, single-digit interest rates.