CaixaBank Mortgage Growth Slows Sharply, CEO Sees Further Decline
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The Argentine government has called for a third mortgage credit auction worth $200 billion, with financial entities allowed to offer a higher percentage of the total amount compared to the second auction. This signals an expansion of the government's mortgage financing program, likely aimed at boosting housing credit and economic activity. The change in auction terms suggests a policy adjustment to increase participation or allocation, though details on uptake and impact remain unclear.
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