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Mortgage loans: the government is looking for ways to activate financing for property purchases
AR🏛️ PoliticsCenter7 days ago

Mortgage loans: the government is looking for ways to activate financing for property purchases

The Argentine government is seeking ways to reactivate mortgage financing for property purchases, which has been a persistent challenge for the country's economy. In May 2024, banks initially revived mortgage lines in UVA (Unidad de Valor Adquisitivo), temporarily reviving the real estate market, but later raised interest rates leading to reduced demand. This situation highlights a longstanding issue in the financial system: providing long-term loans in an economy where deposits mature much more quickly. The Ministry of Economy, led by Luis Caputo, announced plans to allow dollar-denominated bank loans for companies, including the real estate sector, and is considering using funds from the Fondo de Garantía de Sustentabilidad (FGS) managed by Anses to provide long-term financing to banks. The FGS, originally formed from assets of AFJP pension funds nationalized in 2008, manages approximately $75 billion in assets, compared to around $11 billion in housing mortgages. Economist Federico González Rouco suggests that up to $1.5 billion could be allocated to these new loans. While 2025 saw $3.3 billion in mortgage disbursements, the best performance since 2018, it remains significantly

The Argentine government is exploring new measures to stimulate mortgage financing for property purchases, aiming to revive a market that has struggled under economic pressures. In May 2024, banks initially introduced dollar-denominated lines, which temporarily boosted the real estate sector. However, these efforts were short-lived as financial institutions raised interest rates, leading to a decline in demand and many potential buyers being unable to qualify for loans. This situation has exposed a long-standing challenge within the country’s financial system, how to provide long-term credit in an economy where deposits typically have much shorter maturity periods. The issue has become part of the government's agenda, with officials seeking ways to reinvigorate home financing. Minister of Economy Luis Caputo recently announced plans to allow banks to offer dollar-based loans to companies, with applications extending into the real estate sector. He also confirmed that the government is considering using funds from the Fondo de Garantía de Sustentabilidad (FGS), managed by the National Superintendence of Social Security (Anses), to support long-term bank lending. These funds were originally formed from assets held by private pension funds when they were nationalized in 2008 and have since been invested in various instruments, including real estate initiatives such as Procrear. According to economist Federico González Rouco, the FGS manages approximately US$75 billion in assets, while the total housing mortgage portfolio in Argentina stands at around US$11 billion. He suggests that up to US$1.5 billion could be allocated toward the proposed loans, potentially significantly impacting the mortgage market. While the government’s initiative comes after a record year in 2025, during which nearly US$3.3 billion was disbursed in mortgages, the best performance since 2018, it still falls far short of the peak levels seen before the crisis, which exceeded US$5 billion annually. Mortgage lending currently accounts for roughly 0.4% of Argentina’s GDP, according to data from the central bank. Last year saw 43,700 new mortgage debtors, equivalent to 0.4% of GDP, a threefold increase compared to the period from 2019 to 2023, but still 30% lower than the figures recorded in 2017 and 2018 during the previous boom. By July 2026, the volume of mortgage disbursements had dropped to US$1.12 billion over seven months, representing a 37.5% annual decline. Although July marked the highest monthly figure since December 2025, it remained 28% below the average seen throughout much of 2025. Analysts estimate that this year could see around US$2.5 billion in mortgage disbursements, though the momentum appears to have slowed considerably from earlier in the year. The current state of the mortgage market contrasts sharply with its initial surge in 2025. Despite some banks beginning to reduce their interest rates, the overall rate remains higher than during the 2024 revival. Without increased financing, the real estate market struggles to gain traction. A broader scale of lending would not only expand access but also help stabilize prices and boost activity. As the government explores alternative funding mechanisms, the focus remains on how to sustain growth in a sector that continues to face rising costs and limited accessibility.

3 reports

La Nación logoLa NaciónIndependent🔒CenterFactual 85Objective 807 days ago
Mortgage loans: the government is looking for ways to activate financing for property purchases

The Argentine government is seeking ways to reactivate mortgage financing for property purchases, which has been a persistent challenge for the country's economy. In May 2024, banks initially revived mortgage lines in UVA (Unidad de Valor Adquisitivo), temporarily reviving the real estate market, but later raised interest rates leading to reduced demand. This situation highlights a longstanding issue in the financial system: providing long-term loans in an economy where deposits mature much more quickly. The Ministry of Economy, led by Luis Caputo, announced plans to allow dollar-denominated bank loans for companies, including the real estate sector, and is considering using funds from the Fondo de Garantía de Sustentabilidad (FGS) managed by Anses to provide long-term financing to banks. The FGS, originally formed from assets of AFJP pension funds nationalized in 2008, manages approximately $75 billion in assets, compared to around $11 billion in housing mortgages. Economist Federico González Rouco suggests that up to $1.5 billion could be allocated to these new loans. While 2025 saw $3.3 billion in mortgage disbursements, the best performance since 2018, it remains significantly

Bias read (Center): The article presents a balanced overview of the challenges facing Argentina's mortgage market and the government's potential solutions. It reports on economic data, expert opinions, and government actions without overtly favoring any particular political ideology. The framing remains neutral, citing

Why factuality (85): The article discusses government efforts to reactivate mortgage financing, referencing Minister Luis Caputo and the Fondo de Garantía de Sustentabilidad (FGS). It cites an economist, Federico González Rouco, who provides figures on the FGS assets and existing mortgage portfolios. These details are c

Why objectivity (80): The article maintains a neutral tone, presenting government actions and expert analysis without overt bias. It focuses on policy discussions and economic data, avoiding emotionally charged language or one-sided framing.

La Nación logoLa NaciónIndependent🔒CenterFactual 75Objective 709 days ago
How much does it cost to build a barcheap 60 house of 60 square meters in August 2026

The article discusses the rising costs of construction in Argentina, focusing on the price per square meter in August 2026. It highlights that the cost of construction has been increasing steadily over the past two years, with specific data showing a 2.6% increase in June 2026 in the Greater Buenos Aires area and a 3.5% rise in Buenos Aires itself. The article notes that the reported cost does not include land value or other expenses such as taxes, professional fees, marketing, and developer profit margins. Developers estimate the total cost at around US$1,440 per square meter. For a 60-square-meter affordable house, the estimated cost ranges between US$61,320 and US$86,400 depending on included expenses. Comparisons with used home prices in Buenos Aires show that the average price per square meter is significantly higher.

Bias read (Center): The article presents factual economic data regarding construction costs without overtly favoring any political ideology. It provides balanced information by including both official indices and developer estimates, while maintaining neutrality in its presentation of the data.

Why factuality (75): The article provides data from the Índice de Costo de la Construcción (ICC) for June 2026, showing a 2.6% increase in construction costs in Gran Buenos Aires and 3.5% in Buenos Aires. It also mentions that the cost per square meter in Buenos Aires was around USD 1022 based on the blue dollar rate. H

Why objectivity (70): The article presents the data in a straightforward manner but includes some subjective interpretation when estimating the full cost as USD 1440/m² based on developer consultations. It uses terms like 'alcista' (rising) and discusses market implications, which may lean slightly towards an analytical

Infobae logoInfobaeIndependentCenterFactual 65Objective 609 days ago
How much does it cost to build a 100-square-foot house and how many years of an average salary does it take to pay for it?

The article from Infobae discusses the cost of constructing a 100 square meter home in Argentina and calculates how many years of average salary would be required to afford it. It provides an overview of construction costs, including materials, labor, and other expenses, while comparing these figures to the national average wage. The piece aims to give readers a clearer understanding of housing affordability in the country by breaking down the financial commitment involved in purchasing a home.

Bias read (Center): The article presents factual information regarding construction costs and wages without overtly favoring any political ideology. While housing affordability is a politically sensitive issue, the piece does not take a clear ideological stance but rather offers data-driven insights. The framing is non

Why factuality (65): This article appears incomplete, only providing a title and no substantive content. Without any text to analyze, it’s impossible to assess factual accuracy or alignment with cross-source consensus. It likely represents a truncated or broken article.

Why objectivity (60): Since the article contains no content, there is no opportunity to evaluate objectivity. It may have been intended as a placeholder or failed to load properly.

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