Reported about 16 hours ago
Argentina's once-dead mortgage market is showing signs of revival under President Javier Milei's pro-market reforms, with new mortgage issuance in Buenos Aires reaching its highest levels since 2018. This comes as inflation and borrowing costs decrease significantly, marking a nearly 500% year-on-year increase in February. Despite improvements, the market remains small compared to its peak in 2018, driven by necessary macroeconomic stability and investor confidence.
Source: YAHOO