The Central Bank plans to completely transfer all stages of mortgage processing online next year.
MoreIn the second quarter of this year, housing in Thailand has risen in price by 8.16 percent compared to a year earlier. This is the biggest increase since the third quarter of 2013.
MoreThe share of loans for new buildings reached 40 percent of the total lending during the period of the preferential mortgage program at a rate of 6.5 percent.
MoreKnight Frank researchers conducted a survey among residents of 44 countries and found out where people want to buy a home. The top ten included countries with the greatest prospects for economic recovery.
MoreMortgage lending in Russia remains at a record high for the summer for the second month. The number of issued mortgage loans for the purchase of an apartment in August increased by 31 percent in annual terms and reached 135,000 transactions.
MoreSales of apartments in Turkey in August rose by 54.2 percent year on year. In total, 170,408 apartments were sold during the month.
MoreIn July and August 2020, the cost of new buildings on average in Russia increased by 6.2 percent.
MoreThe volume of mortgage issuance in Russia in August 2020 set a new record in the entire history of the market, having increased by 59 percent compared to August 2019, to 375 billion rubles.
MoreIn August, VTB issued 29,000 mortgage loans totaling RUB 76 billion. This is 40 percent more than in August last year.
MoreThailand was among the countries with the fastest annual growth in house prices by the second quarter of 2020. The average cost of apartments in Thailand for the year increased by 8.16 percent.
MoreThe cost per square meter in new buildings in St. Petersburg has increased by 12.5 percent since the beginning of 2020 and amounted to 129 thousand rubles. Thus, a record of the last ten years was set.
MoreDubai developers have resumed sales of off-plan residential properties after a weak second quarter of 2020, focusing on promotional offers and incentives to attract buyers.
MoreDemand for mortgages in Russia has almost doubled compared to last year's figures. In general, the interest of the population in loans and bank savings is higher today than last summer.
MoreThe average mortgage rate in Russia in July began to decline again and dropped by 0.22 percentage points over the month, setting a new historical low of 7.28 percent.
MoreThe number of mortgage loans issued in July for new buildings has become an absolute record in the history of Russian mortgages in terms of monthly indicators.
MoreThe Novosibirsk region was among the regions whose residents most often take out a mortgage.
MoreIn July, almost 8.5 thousand mortgages were registered in the Novosibirsk region. This is the highest rate in the region since December 2018.
MoreIn August, a sharp increase in the number of applications for mortgages was recorded. First of all, this is due to lower mortgage rates.
MoreThe share of mortgages for new buildings after the launch of the preferential state program increased to 35 percent of the total mortgage lending.
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