mortgage rates may vary depending on the season. According to experts, there are two "credit seasons" in the year, when the conditions for obtaining a loan when buying an apartment are the most attractive.
The best time to
get a mortgage is summer, but there is another option. Experts advise postponing
buying an apartment until December. It is just before the New Year that you can get the most favorable conditions for a loan.
“In summer, people are less interested in loans. They are busy with dachas, vacations and so on, not banks. Therefore, in summer the conditions for loans are better, sometimes even an order of magnitude better than in autumn and winter.
Just before the New Year, most banks, 90 percent, provide the most favorable conditions for loans. Here again people are busy with gifts and other things, they have no time for banks. But financial organizations are ending the calendar year for which they need to make reports, and this includes the number of loans issued, ”Sputnik quotes financial consultant Olga Trofimenko as saying.
