The Central Bank of Peru reported that credit for home purchases totaled PEN 75,796 million in March 2026, up 7.2 percent from a year earlier and 0.5 percent from February. The increase was driven by continued growth in local-currency mortgage lending, with financing for home purchases remaining concentrated in soles. PEN-denominated mortgage credit rose 7.9 percent year on year and 0.5 percent month on month to PEN 71,681 million. By contrast, foreign-currency mortgage loans fell 4.9 percent from a year earlier and 0.4 percent from February. Dollarization remained low, with only 5.4 percent of housing loans denominated in USD in March 2026 and the rest granted in soles.
Central Bank of Peru 2026-04-01
Central Bank of Peru reports mortgage lending reached PEN 75.8 billion in March with 7.2 percent annual growth
The Central Bank of Peru reported that credit for home purchases reached PEN 75,796 million in March 2026, up 7.2 percent year on year and 0.5 percent month on month, driven by continued growth in local-currency mortgage lending. PEN-denominated mortgage credit rose 7.9 percent year on year to PEN 71,681 million, while foreign-currency mortgage loans declined 4.9 percent, with dollarization remaining low at 5.4 percent of housing loans in United States dollars.