Mortgage loans reached 420 TNS bil in 2017 in Tanzania, according to the National Central Bank. This is 8.06 % less than in the previous year.
Historically, mortgage loans in Tanzania reached an all time high of 457 TNS bil in 2016 and an all time low of 403 TNS bil in 2015. When compared to Tanzania's main peers, mortgage loans in Kenya amounted to 115 KES bil and 700 UGX bil in Uganda in 2017.
Tanzania has been ranked 31st within the group of 89 countries we follow in terms of mortgage loans.
A mortgage loan is a loan secured by real property through the use of a mortgage note.