The Central Bank of Peru published mortgage credit data showing annual growth accelerated to 7.5 percent in May 2026 from 7.1 percent in April. The increase was driven mainly by loans denominated in local currency, with soles mortgage lending rising 8.2 percent year on year, while foreign currency mortgage lending fell 3.8 percent. On a monthly basis, total mortgage credit increased 0.7 percent in May, supported by a 0.8 percent rise in soles-denominated loans, while US dollar housing loans were unchanged. The release also showed that mortgage financing remained overwhelmingly concentrated in local currency, with only 5.3 percent of housing loans granted in dollars in May 2026 and the remainder in soles. Total outstanding mortgage credit reached PEN 76,925 million, including PEN 72,813 million in soles.
Central Bank of Peru2026-07-11
Central Bank of Peru reports May mortgage lending growth accelerated to 7.5 percent, driven by soles loans
The Central Bank of Peru reported that mortgage lending growth rose to 7.5 percent year on year in May 2026, up from 7.1 percent in April, led by stronger soles-denominated lending. Monthly mortgage credit increased 0.7 percent, while foreign currency loans were flat and only 5.3 percent of housing loans were issued in US dollars.