Infonavit registers greater dynamism in the placement of loans for housing
Real Estate Market & Lifestyle/ Solili | March 01, 2021 |

By 2021, the placement of mortgage loans in the country is expected to continue increasing, consolidating the recovery in the housing sector, in line with greater economic dynamism.

The Institute of the National Housing Fund for Workers (Infonavit) through its Quarterly Economic Report October-December 2020, highlighted that mortgage activity began to show signs of recovery at the end of last year.

According to Infonavit, in December 2020 14,600 more loans were granted than in the same month of 2019, considering that in the fourth quarter of 2020 (4Q20) the Gross Domestic Product of Mexico (GDP) registered a quarterly variation of 3.3% .

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According to its Quarterly Economic Report, the mortgage market remains in line with the economic recovery of the country and the expectation is stable, above all, because there is already a vaccine to attend the health emergency due to Covid-19, which will help to normalize economic activities.

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