TMRC Prevailing Interest Rate is 9.0%
"TMRC continues to enjoy the 5% discount from World Bank Funds. The price is fixed at 9.0% for Member-Banks and at 10% for Non-Member Banks"
Who We Are
Tanzania Mortgage Refinance Company Limited (TMRC) is a private sector financial institution with a sole purpose of supporting banks to do mortgage lending by refinancing banks' mortgage portfolios.
vision & Mission
Vision: To become the preferred secondary market intermediate for mortgage financing in Tanzania.
Mission: To expand home ownership in Tanzania by providing long term financing to primary mortgage lenders.
Mortgage lending is the major mechanism used in many countries to finance private ownership of residential… Read More
compared to a growth rate of 16 percent in 2016.