A dramatic drop in interest rates has sparked a mortgage boom in Brazil, making home ownership feasible for thousands. Brazil’s mortgage market remains in its infancy, with outstanding home loans totalling R$720 bn ($135 billion), or around 10% of GDP, which is less than half the ratio in Chile and a fifth of the share in the U.S.
Source: Reuters
Brasil Económico aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Brazil.
