The Central Bank of Peru published data showing the outstanding stock of mortgage credit for home purchases grew 6.6% year on year in September 2025, up from 6.4% in August and the highest rate since March 2023. On a month-on-month basis, mortgage credit rose 0.7%. The increase was driven mainly by mortgages denominated in local currency, with mortgage credit in soles growing 7.7% year on year in September (7.5% in August) and 0.8% month on month. The stock of mortgage credit reached PEN 73,840 million in September (PEN 73,303 million in August), including PEN 69,120 million in soles. Dollarisation remained low, with 6.4% of mortgage credit in US dollars and 93.6% in soles.
Central Bank of Peru 2025-10-27
Central Bank of Peru reports mortgage credit growth accelerated to 6.6% year on year in September 2025
The Central Bank of Peru reported a 6.6% year-on-year increase in mortgage credit for home purchases in September 2025, the highest since March 2023. Mortgage credit in local currency grew 7.7% year on year, with 93.6% of the total credit in soles. The total stock of mortgage credit reached PEN 73,840 million, with low dollarisation at 6.4%.