Chile Mortgage Rates Hit Four-Year Low, Easing Industry Crisis
Government subsidies have pushed Chile’s average mortgage rate below 4% for the first time in more than four years, boosting sales of cheaper homes, while failing to trigger a broader...
By Carolina Gonzalez · Bloomberg Markets
Government subsidies have pushed Chile’s average mortgage rate below 4% for the first time in more than four years, boosting sales of cheaper homes, while failing to trigger a broader revival in the construction industry.