ARThe article reports on the recovery of mortgage loans denominated in UVA (Unidades de Valor Adquisitivo) in August, marking the fourth consecutive month of growth. According to data from Empiria, $242 million in UVA mortgages were disbursed in August, representing a nearly 20% increase compared to July and more than doubling the volume from May ($116 million). However, this figure remains 22% below the same period in 2025, with a significant drop in the number of operations (from 4,252 in 2025 to 3,100 in August 2024). The annual cumulative total of 17,400 loans issued between January and August 2024 contrasts with 25,500 in the same period in 2025, indicating a 32% year-over-year decline. While the market has begun to recover after a sharp slowdown early in the year, it has not yet returned to the pace seen in 2025. Additionally, average interest rates decreased slightly to 6.9%, while loan terms increased slightly to 23.3 years, both factors improving access to credit.
Bias read (Center): The article presents factual economic data regarding mortgage lending trends without overtly endorsing or criticizing specific political policies or actors. It provides balanced information on both the positive signs of recovery and the continued challenges faced by the market, including comparisons
