Mortgage Financing in Uganda Is Slow

[EA Business]Kampala -A great number of them are housing finance options commonly referred to as mortgages for people to have permanent housing.But despite the fact that their all those Banks in the country offering mortgages many Ugandan have not picked interest in applying for mortgages in the country some players in the housing sector blames this to the poor economic performance of the country's economy which has lowered the purchasing powers of the local people especially those in the private sector