Banco Nación has reached 20,000 mortgage loans in the Milei era

Banco de la Nación Argentina has reached a historic milestone by granting mortgage loan number 20,000, a development that confirms the return of financing for homeownership throughout the country. The announcement was made by Chief of Cabinet Manuel Adorni through his official account on the social network X.

This is no minor detail. After years of uncontrolled inflation, macroeconomic distortions, and the virtual disappearance of mortgage credit, thousands of Argentine families are once again gaining access to a basic tool for planning their future. The granting of 20,000 mortgages marks a turning point compared to the model that prevailed for more than a decade, in which credit was systematically eroded by monetary issuance, uncertainty, and the lack of clear rules.

Government officials indicate that this result is a direct consequence of economic reorganization, the slowdown of inflation, and the recovery of confidence in the financial system. Without macroeconomic stability, mortgage credit is unfeasible: banks can't lend long-term in contexts of fiscal and monetary disorder, and families can't take on decades-long commitments when the value of money is eroded month after month.

During recent administrations, access to housing was limited to discretionary plans, lotteries, or subsidized schemes that never managed to scale up or solve the underlying problem. In that context, mortgage credit virtually disappeared from the Argentine market and homeownership became a privilege or an unfulfilled promise. Today, that scenario is beginning to reverse.

Adorni's announcement encapsulates one of the central pillars of President Javier Milei's economic direction: without fiscal balance, a sound currency, and predictability, there are no sustainable social rights. Homeownership is not built with slogans or temporary fixes, but with stability, savings, credit, and economic growth.

Reaching 20,000 mortgage loans constitutes a clear sign of a change in direction. The challenge ahead will be to consolidate and expand this process, so that access to homeownership ceases to be an exception and once again becomes a real possibility for millions of Argentines.