Caixa rapper record in credit for their own house and provides increase in 2009.

Caixa Econômica Federal until 28 November, had already signed 446 thousand financing contracts housing, moving R$ 20.4 billion. The number represents 60% growth in the same period last year, in addition to be a record.

Until the end of 2008, the entity awaiting apply R$ 22.8 billion and for next year the target is to overcome the current values, maintaining the conditions of financing (deadlines and interest rates).

"There is no budget problems for the Caixa next year", said, second published by the Agency Brazil, the regional superintendent of Caixa, José Domingos Vargas.

"Caixa fulfils its role of public bank, prioritizing economic and social development of the country, working to reduce the Brazilian housing deficit", said vice-president of the institution, Jorge Hereda.

Estates

In respect of the states of Sao Paulo and Rio de Janeiro, the expectation is that the housing credit grow around 20%, the two states, in 2009. In Sao Paulo, the bank applied R$ 5.5 billion in the sector in 2007 and R$ 6.5 billion this year.