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Fovissste closes 2020 placing loans for 35 thousand million pesos and exceeds goal by 6%
Inmobiliare/ Solili | January 27, 2021 |

At the end of last year, the ISSSTE Housing Fund formalized 49 thousand 232 mortgage financing for an amount of 35 thousand 88 million pesos, with which, it exceeded by 6% its basic loan placement goal for 2020.

According to FOVISSSTE, this economic spill contributed 599,330 direct and indirect jobs in the construction sector, positively impacting, in turn, in sub-branches such as aluminum, glass, electrical material, carpentry, among others, and achieving with this a significant contribution to the reactivation of the domestic economy.

For the previous year, the basic scenario of the Housing Fund was to grant 46 thousand 475 loans, a period in which, in addition to exceeding the formalization of financing by 6%, there was an increase of 0.4% in the number of loans and 2.1 per percent in economic amount compared to 2019.

Solili's analysis platform offers you verified information on real estate developments in the metropolitan area of Mexico City.

Check here the market availability as well as its rental or sale price during the last quarter of 2020.

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