The Central Bank of Peru published data showing that outstanding mortgage credit for home purchases grew 6.9% year on year in November 2025, up from 6.7% in October and the highest rate since February 2023. The increase was driven mainly by local-currency mortgages, which expanded 8.0% year on year in November versus 7.8% the previous month. On a month-on-month basis, mortgage credit rose 0.7% in November, supported by a 0.8% rise in soles-denominated lending. The outstanding stock reached PEN 74,930 million in November (PEN 70,228 million in soles), while mortgage dollarisation remained low at 6.3%, meaning only 6.3% of loans in this category were granted in USD.
Central Bank of Peru 2026-01-07
Central Bank of Peru reports mortgage credit growth accelerated to 6.9% year on year in November 2025
The Central Bank of Peru reported a 6.9% year-on-year growth in outstanding mortgage credit for home purchases in November 2025, driven by an 8.0% increase in local-currency mortgages. The total outstanding stock reached PEN 74,930 million, with mortgage dollarisation at 6.3%.