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Demand for mortgages has doubled

Demand for mortgage in Russia has almost doubled compared to last year. In general, the interest of the population in loans and bank savings is higher today than last summer, Rossiyskaya Gazeta reports, citing a study by the Financial University under the Government of the Russian Federation.

According to the study, in the coming months mortgage loan for buying an apartment get 7 percent of Russian households. “Public interest in mortgage loans is important because that it is an indicator of economic activity in the region - the higher the demand for mortgages, the better the prospects for economic growth,” says the director of the institute Alexey Zubets.

It is noteworthy that in the second half of last year, before the start of the coronavirus pandemic, there was a noticeable decline in consumer activity in the financial market. Then interest in loans, including mortgage, as well as in the formation of bank savings, decreased significantly. In March-April of this year, at the peak of the incidence of coronavirus infection, interest in loans also fell by more than half. But at the same time, the interest of citizens in the formation of savings doubled, the volume of which,
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