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Banco Nación Hits 20,000th Mortgage, Lifts UVA Rate to 6%

The public lender holds roughly 36% of the market with more than 2.8 trillion pesos disbursed across all provinces.

Son cuatro los bancos que llevaron su tasa a UVA al 16% para clientes que acreditan haberes
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Manuel Adorni aseguró que 20.000 personas de todo el país \"lograron acceder a su vivienda”.

Overview

  • The milestone corresponds to the +Hogares line launched in May 2024, which bank leadership says is halfway to a 40,000-mortgage goal.
  • Executives reported federal coverage in Argentina’s 24 provinces and said the program has reached about 80,000 people.
  • Banco Nación raised its fixed nominal annual rate on UVA mortgages to 6% from 4.5%, according to new reporting on banks’ recent adjustments.
  • Loans are inflation-indexed in UVA with terms of up to 30 years, and official simulations show a 6% TNA for qualifying property values.
  • Data cited from the central bank and market trackers show strong activity earlier in the year, a peak in October and a notable slowdown in November, even as Nación continues to anchor overall demand.