Home » Business » Mortgage credit in Peru grew 3.4% in February 2021 | News

Mortgage credit in Peru grew 3.4% in February 2021 | News

Mortgage credit growth increased from 3.3% per year in January to 3.4% per year in February of this year, an increase for the third consecutive month, the Central Reserve Bank (BCR) indicated today.

The issuing entity pointed out that this result was explained by the 5.3% annual increase in loans in this segment in soles.

Lower rates

The BCR highlighted that the advance of mortgage loans in national currency has been driven by the continuous reduction in interest rates on home loans in national currency.

Finally, the issuing entity reported that on March 24, the mortgage interest rate for the flow of loans in the last 30 days in soles was 5.9% per year, lower than that registered in the previous months.

More in Andina:

(FIN) NDP / MDV

Published: 3/29/2021


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