According to the analysts of the SberData project, in the coming year 2020, the issuance of loans for
purchase of an apartment will reach a record level.
Last year,
mortgage rates fell to a record low. In October, the rate dropped to 9.40 percent, beating the record of 2018, when the average was in the range of 9.41-9.42 percent from August to October. By the end of 2019, take
mortgage for
purchases apartments could be at 9 percent per annum.
As a result, the average mortgage rate for 2019 was higher than a year earlier. As stated in the Sberbank report, the rate cut could not but lead to a decrease in the volume of
mortgage loans by about 5 percent compared to last year. The achieved level of rates allows us to count on record disbursements in 2020 in the amount of more than 3.5 trillion rubles.
SberData is an initiative of Sberbank to process and analyze big data based on information from payment systems and publicly available sources. The experts summed up the banking results of the past year and outlined the prospects for 2020. The achieved level of rates allows us to count on record disbursements in 2020 in the amount of more than 3.5 trillion rubles.
SberData is an initiative of Sberbank to process and analyze big data based on information from payment systems and publicly available sources. The experts summed up the banking results of the past year and outlined the prospects for 2020. The achieved level of rates allows us to count on record disbursements in 2020 in the amount of more than 3.5 trillion rubles.
SberData is an initiative of Sberbank to process and analyze big data based on information from payment systems and publicly available sources. The experts summed up the banking results of the past year and outlined the prospects for 2020.
