A. M. 
The Fondo Social para la Vivienda (FSV) reported a delinquency rate of 1.99% in october, the lowest level recorded so far in 2024. This decrease in delinquency represents a significant achievement, as the indicator had ranged between 2.10% and 2.33% in previous months.
The minister of Housing, Michelle Sol, highlighted that this decrease reflects a commitment of salvadorans to prioritize their housing payments, even in times of economic uncertainty. Since january, when the delinquency rate was 2.20%, the FSV has maintained its efforts to reduce this index. Among the factors that have contributed to this trend are payment facilities and support programs for lower income families. Michelle Sol emphasized that “every month families make their housing payments a priority”, which demonstrates the high level of responsibility among the population.
Monthly delinquency has shown a downward trend since march, when it reached its highest point for the year at 2.33%. Subsequently, April recorded 2.16%, followed by 2.18% in may and 2.13% in june. The months of july, august and september reflected relative stability, with rates of 2.09%, 2.11% and 2.10%, respectively, before the historic reduction in october.
For minister Sol, this reduction in the FSV’s arrears is an indication of the high demand for social interest projects, which ensures a quick return for those who wish to invest in the sector.
These results are the product of a management that has strengthened the payment culture, offering advice and flexible options that adapt to the possibilities of each household. The current delinquency rate not only represents an achievement for the FSV, but also sends a positive signal to the investment sector, by offering guarantees of a quick and safe return.
