Over 1,000 Mexicans living in the United States are taking advantage of a program allowing emigrants to obtain a mortgage to buy a home in Mexico, Mexican President Vicente Fox announced Monday.
Fox offered praise Monday for the Mortgage Program for Migrants, throwing the government’s support behind the loan program started more than a year ago when several of the country’s mortgage providers opened offices in the United States.
Fox said the program, funded by the Federal Mortgage Society, will bring further investment to Mexico and help achieve his goal of getting 600,000 mortgages provided this year.
For this complete story, please visit Fox Hails U.S. Mortgage Program for Mexicans.
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