Tag: Mortgage

By Lauren Hogan, Contributing Reporter RIO DE JANEIRO, BRAZIL - The volume of loans for the acquisition and construction of buildings is on the rise - reaching R$9.7 billion in May, an increase of six percent since April. According to...

By Andrew Willis, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Last week the Caixa Econômica Federal (Federal Savings Bank) announced lower interest rates on loans for those planning to buy properties valued at over R$500,000 in Brazil. The...

By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – In the past few years the cost of real estate has skyrocketed in Rio de Janeiro, especially in the sought-after areas of Zona Sul (South Zone). While property owners...