General Assessment

Variable(2013)
Data
Main constraints in the development of the housing finance sector  
New developments that will have a major impact on the sector 
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Notes: BAC Nicaragua offers fixed interest loans at a rate of 9.5% up to 15 years.
Notes: BAC Nicaragua offers fixed interest loans at a rate of 9.5% up to 15 years.
Notes: Exemption of VAT on the purchase of building materials.
Notes: Exemption of VAT on the purchase of building materials.
Notes: Exemption of VAT on the purchase of building materials.
Notes: FOSOVI (Fondo Social de Vivienda) provides subsidies to support housing loans to lower income families although the subsidies remain small accounting for only $4 million annually.
Notes: National Percentage. This number includes only owners with deeds, if owners without deeds in the informal housing market are included the owner-occupied rate rises to 84.42%
Notes: One-time grant of $1500 USD.