Fovissste and HSBC declare they will improve star mortgage program
Grupo en Concreto | July 31, 2020 |

The ISSSTE Housing Fund (Fovissste) and the HSBC bank announced that they significantly reduced the interest rate and the Total Annual Cost (CAT) of the “FOVISSSTE for All” product, making it the most competitive of its kind in the mortgage market.

Fovissste Executive Chairman, Agustín Gustavo Rodríguez López, highlighted that the new scheme, launched just a few weeks ago, decreased its annualized fixed rate from 9 to 8.3% and the Total Annual Cost (CAT) from 10 to 9.3%.

Complete article (Spanish)

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