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Supports to buy a house and the risk of “buying now and paying later”
Expansión | August 01, 2020 |

The data from the Association of Banks of Mexico (ABM) is overwhelming: in the country there are 1,150,000 mortgage loans and almost 25% of the borrowers opted for one of the support programs by the bank during the COVID pandemic. -19.

In addition, the cancellation of mortgage loans has been very low, only 5%, and the payment compliance rate is over 97%, one of the highest in the world.

Complete article (Spanish)

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