Mortgage credit grows 5.3% year-on-year in July led by loans in coins – Gan@Más

Credit allocated to house construction grew 5.3 percent in July compared to the same month last year, reaching a balance of S / 68,512 million in that month.

This growth was largely driven by higher mortgage loans in coins, which expanded 6.3 percent year-on-year in July.

In monthly terms, mortgage lending remained stable in July compared to June.

In addition, it is better to get a loan in coins to buy houses. In July, only 7 out of 100 loans in this sector were issued in dollars and the rest in national currency. This reduces the risk of exchange fluctuations adversely affecting households.