Overview

• Banco Ciudad stopped taking new mortgage files but will disburse previously approved loans, and Banco del Chubut paused operations for 10 days and says it restarted with practical limits still in place.
• Banks have hardened terms with higher costs and stricter approvals, as Banco Macro lifted its TNA near 15%, Banco Nación kept a relatively low rate but raised scoring thresholds, and entities like Credicop and Supervielle show higher pricing.
• Market participants describe a 30–60 day decision pause tied to the electoral calendar, with September deeds reflecting prior agreements and the larger impact expected to surface from October onward.
• Roughly 20% of property deeds rely on mortgages, and agents report suspended preapproved loans and notaries bracing for thinner agendas next month as credit-driven chains stall.
• Developers are delaying launches and shifting to direct financing, extending dollar payment plans and offering peso installments indexed to construction costs as bank credit recedes.