In February 2020, Russian banks issued 108.4 thousand loans for
purchase of an apartment. The total amount of
mortgage loans issued amounted to 267.5 billion rubles.
In monetary terms, the amount of loans issued in February
mortgages turned out to be 18 percent more than in the same month last year, according to the website of the Bank of Russia.
The total loan portfolio of banks for
mortgage rose by 1.5 percent over the month to 7.63 trillion rubles. The volume of overdue debt decreased by 0.8 percent and amounts to 64.8 billion rubles. Last year, Russian banks reduced the amount of
mortgages issuance by almost 5 percent, to 2.88 trillion rubles.
According to experts,
mortgage rates in Russia may exceed 10 percent in the first half of 2020. The average rate on
mortgage fell to 8.84 percent in January, renewing its historical low. The key rate of the Bank of Russia is currently 6 percent. This year, the Russian mortgage market may come under pressure amid a slowdown in economic growth and inflationary risks due to falling oil prices and the coronavirus pandemic. a href="https://www.gjacip.ru/ipoteka/">mortgages in Russia may exceed 10 percent in the first half of 2020. The average rate on
mortgage fell to 8.84 percent in January, renewing its historical low. The key rate of the Bank of Russia is currently 6 percent. This year, the Russian mortgage market may come under pressure amid a slowdown in economic growth and inflationary risks due to falling oil prices and the coronavirus pandemic. a href="https://www.gjacip.ru/ipoteka/">mortgages in Russia may exceed 10 percent in the first half of 2020. The average rate on
mortgage fell to 8.84 percent in January, renewing its historical low. The key rate of the Bank of Russia is currently 6 percent. This year, the Russian mortgage market may come under pressure amid a slowdown in economic growth and inflationary risks due to falling oil prices and the coronavirus pandemic. The key rate of the Bank of Russia is currently 6 percent. This year, the Russian mortgage market may come under pressure amid a slowdown in economic growth and inflationary risks due to falling oil prices and the coronavirus pandemic. The key rate of the Bank of Russia is currently 6 percent. This year, the Russian mortgage market may come under pressure amid a slowdown in economic growth and inflationary risks due to falling oil prices and the coronavirus pandemic.
