...New Structural Dynamics: The supply of mortgage loans has diversified in recent years, underpinned by a more competitive environment, the low level of interest rates and the current housing needs in Mexico. This includes loans with larger amounts for the acquisition of new houses, co-financing and subsidized loans, as well as home improvement loans and loans for the acquisition of used houses given a better localization of the latter in urban areas. Although a potential increase of reference interest rates in the context of subdued economic growth could result in lower demand for mortgages, this would not affect the new product offering mix. Public Entities Adapt: Mexico's Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Infonavit) and Fondo de la Vivienda del Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado (Fovissste) are government-sponsored entities focused on providing housing solutions for private and public workers, especially those with...
