trending Market Intelligence /marketintelligence/en/news-insights/trending/tl6fclaznxljl1beehbtfa2 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.

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

  • Enter verification Code here*

* Required

In this list

Abecip: Mortgage lending remains active in Brazil, but at a lower level

Wind Power by the Numbers: U.S., Canada and Mexico

Measuring The Wireline Digital Divide In The US

CUSIP Identifier Requests for New U.S. Corporate Debt Surge in January

Australian Exploration Budget Trends 2019


Abecip: Mortgage lending remains active in Brazil, but at a lower level

The mortgage lending market in Brazil is staying activeaccording to the head of Brazil's mortgage lenders association Abecip, GilbertoDuarte de Abreu Filho, but 2016 won't be as active as recent years, O Estado de S. Paulo reported April 12.

According to Abreu Filho, mortgage financing throughsavings depositsshould reach some 50 billion Brazilian reais this year, compared to 75.6billion reais granted in 2015, which was 33% lower than the amount recorded in 2014.

If structural adjustments reduced annual interest rates toaround 10%, mortgage lending could see a stronger comeback, Abreu Filho said,noting that it presently sits around 14% after dropping over the past twomonths from 17%.

As of April 12, US$1was equivalent to 3.52 Brazilian reais.