Siberian company with an international name CMP, real estate news, mortgage news

In November 2019, the Rosreestr Office for the Irkutsk Region registered 599 agreements for participation in shared construction. 68 of them were issued using escrow accounts.

In the first 11 months of 2019, more than 64.8 thousand mortgage loans for the purchase of an apartment were registered in Novosibirsk. Compared to the figures for 11 months of 2017, the number of registered mortgages in 2019 increased by 7 percent.

The Bank of Russia lowered the key rate for the fifth time in a row - to 6.25 percent. Considering that the Central Bank may take a break with the key rate, the next two weeks are the best time to buy an apartment.

Russian Prime Minister Dmitry Medvedev approved a resolution on the terms of the Far Eastern Mortgage program for young families. The program provides for the issuance of loans for the purchase of an apartment at a rate of 2 percent for a total amount of up to 450 billion rubles.

The head of Sberbank German Gref said that now is the "golden time" for mortgages on the market, as interest rates and inflation are falling.

Dubai ranks 13th in the world in terms of infrastructure investment attractiveness.

Mortgage rates in Russia over the past two years have fallen to their lowest levels, currently a loan to buy an apartment can be taken at 9.4 percent per annum.

Sberbank will reduce interest rates on mortgage loans for the purchase of an apartment for military personnel by 0.4 percentage points to 8.8 percent per annum.

At the end of 2019, the volume of investments in real estate in Russia will increase by 1.4 times compared to the value of the previous year and will reach about 250 billion rubles.

The average mortgage offer rate for the purchase of an apartment in a new building from 15 largest banks in Russia is 8.96 percent.

The Russians remain among the leaders in terms of the number of purchased apartments and houses in Turkey. In October, investors from Russia purchased 292 properties in Turkey.

According to experts, prices for apartments in Toronto are expected to rise by 6 percent next year. The reasons will be an increase in demand, an increase in employment and economic growth.

In October 2019, the Office of Rosreestr for the Novosibirsk Region registered 1,911 equity participation agreements in construction.

Sberbank announced a reduction in interest rates on mortgage loans for the purchase of an apartment, applications for which will be submitted from November 22, 2019.

Experts advise not to wait for a further reduction in the mortgage rate and not to postpone the purchase of an apartment in a mortgage.

Sberbank has reduced mortgage rates for the purchase of apartments in new buildings from 7.3 to 7.1 percent. The new rates came into effect on 8 November.

In the spring of next year, it is planned to adopt a law according to which municipalities of the Russian Federation will be able to buy apartments for emergency resettlement using escrow accounts.

VTB plans to lower the mortgage rate by 0.4 percentage points in early November. Under the basic programs, it will be possible to buy an apartment on a mortgage at a rate of 8.6 percent. For refinancing - from 9 percent.

The number of condo hotels in Phuket continues to grow rapidly. The island-wide supply is expected to exceed the 3,000 mark by 2021.

According to the Central Bank, the weighted average rate on mortgage loans for the purchase of an apartment in September decreased from 9.91 to 9.68 percent. Thus, the rate has almost returned to the level of the beginning of 2019.