What Is a Mortgage Rate Buydown? A mortgage rate buydown is when the seller (often a developer in Kenya) pays money upfront to lower the buyer’s interest rate for the first few years of the mortgage. Instead of reducing the property’s price, the developer partners with a bank to make monthly repayments more affordable at the start of the loan. This is becoming more visible in Nairobi’s...
Land prices in Nairobi’s once-booming satellite towns like Kiserian, Juja, and Thika recorded a notable slowdown in the second quarter of 2025, signaling cooling investor appetite and oversupply pressures in the mid-tier property market. According to the HassConsult Q2 Land Price Index, the sharpest reversal was seen in Thika, where the average price for an acre declined marginally by 0.2% to...
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