Interest in acquiring a home remains latent in Mexico. And it is that not even the crisis that impacted the economic activity of the country managed to stop the purchase of housing on credit over the last few months.

This is shown by the most recent figures from the National Banking and Securities Commission (CNBV), which show that in the tenth month of the year the balance of the current portfolio of mortgage loans was $ 1 trillion 37 billion pesos, which is which represented an increase of 3.1% compared to the same month of 2020.

It also represented an increase - albeit slightly - of 0.1% in relation to the immediately previous month, that is, September.

This is also reflected in data from the Institute of the National Housing Fund for Workers (Infonavit) and that in its Quarterly Economic Report, corresponding to the period July-September 2021, highlights that the mortgage market, again positive figures are reported.

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For example, in the accumulated from January to August 2021, a placement of 666,800 credits to total industry was observed, 16.7% more than the same period last year.

In this dynamic, the latest data from the National Housing Commission (Conavi) and the Infonavit Information System (SII) are added, which indicate that the financing granted amounts to $ 298,200 million pesos, which means a growth of 21.9% over the accumulated during the same months of 2020.

"The behavior observed in the mortgage market also corresponds to the reduction in interest rates both in commercial banks and in Infonavit. Since June, the Institute has granted loans for the acquisition of housing with a differential rate per level salary ranging from 1.91% to 10.45%, "said Infonavit.

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