Nigeria Mortgage Interest Rate at 28% in 2024 || Cause and Effects to Real Estate Market

Nigeria Mortgage Interest Rate at 28% in 2024 || Cause and Effects to Real Estate Market

As at today, to obtain a house mortgage in Nigeria, interest rate hovers between 26% to 38%
.
Considering the importance of mortgage finance to both home buyers and developers, this high interest rate has dire consequences
.
However, we should also discuss why Nigeria mortgage interest at 30% is so high
.
Therefore, we should start with what…

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