BCR: Peru's mortgage credit up 6.1% year-on-year in July 2025

Photo: Ministry of Housing, Construction, and Sanitation of Peru

Photo: Ministry of Housing, Construction, and Sanitation of Peru

08:37 | Lima, Sep. 3.

The outstanding balance of loans granted for home purchases rose 6.1% year-on-year last July, the highest growth rate since March 2023, the Central Reserve Bank (BCR) reported.

The issuing entity noted that this increase was mainly driven by the rise in mortgage loans granted in domestic currency, which grew 7.2% year-on-year last July.

On a monthly basis, mortgage credit rose 0.3% in the seventh month, driven by loans granted in Peruvian soles, which increased 0.4%.

According to the BCR, the preference for financing home purchases in soles remains.

"In July, only 6.5% of mortgage loans were granted in U.S. dollars, while the rest were disbursed in soles," it noted.

(END) NDP/MVB

Published: 9/3/2025