Caixa Strike Halts Two-Thirds of Brazil Housing Loans; Builders Face Cost Pressure

A strike at Caixa Econômica Federal, Brazil's largest mortgage lender, has halted the majority of housing credit, disrupting the real estate sector. The bill for the disruption is expected to fall on construction companies, which may face delayed payments and increased financing costs. The duration of the strike and its impact on housing market activity remain uncertain.