trending Market Intelligence /marketintelligence/en/news-insights/trending/2I7vLD1kG-KF2xsFBVLglA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Caixa plans to launch fixed-rate mortgages in March

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


Caixa plans to launch fixed-rate mortgages in March

Caixa Econômica Federal plans to start offering its fixed-rate mortgage product in March, earlier than a previously announced June target launch, Valor Econômico reported, citing CEO Pedro Guimarães.

The Brazilian state-owned bank previously said the mortgage loans will have a term of 30 years. The product will not be pegged to the country's TR referential rate nor the IPCA consumer price index, Guimarães said on Jan. 2.

While such products have been ubiquitous in developed credit markets, Brazil's unpredictable economy has prevented banks from committing to fixed rates for long periods without inflation adjustment.

The move is a "revolution," Guimarães said, noting that the product will allow a consumer "to borrow a mortgage and know how much you will pay for the next 35 years." "This is the best possible rate for people," the executive noted.

Caixa is also set to announce a record profit for 2019, according to Guimarães, who declined to disclose the amount. The bank was able to maintain profitability despite a reduction in the central bank's interest rates, Guimarães added.