Moody's: Increase of Price Limits for Houses Eligible for SFH Loans is Credit Positive for Brazilian Homebuilders, but Challenges Remain
New York, November 29, 2016-- Moody's Investors Service comments that the update of the maximum price for housing units eligible for funding under the Housing Financing System is credit positive for Brazilian homebuilders because it provides homebuyers with a more affordable funding option for units priced between current and new price limits. Nevertheless, high unemployment rates, lower disposable income growth and tighter funding availability for construction and...
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