Credits granted for home purchases registered a 5% increase in 2024, reaching a total balance of S/70.195 billion (US$18.94 billion), the
The BCR underscored that this growth was mainly driven by higher mortgage loans in local currency, which increased 6% in 2024.
In monthly terms, mortgage lending in December rose 0.2%, favored by the increase in the rate of credits granted in Peruvian Soles (+0.3%).
Preferred currency
The BCR also emphasized that the preference for financing in Peruvian Soles remains for real estate acquisitions.
In December 2024, only 7 out of every 100 loans in this category were issued in U.S. Dollars, while the remainder were granted in local currency.
The BCR added that by reducing this risk, the possibility of exchange rate fluctuations adversely affecting families is reduced.