Average mortgage exceeded two million rubles

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Photo: Evgeny Pavlenko / Kommersant

In the third quarter of 2018, the average check on mortgages in Russia amounted to two million rubles, said the materials “United credit Bureau” (OKB), arrived in edition “Tapes.ru” on Monday, October 29.

According to analysts of the Bureau, last year the average amount of granted loans for house purchase increased by ten percent, from 1.86 million in the third quarter of 2017.

The total for the July — September 2018 the Russians have issued more than 330 thousand mortgage loans totaling over $ 678 billion. A year ago in the same period, the mortgage gave considerably less — 249 thousand credits on 462 billion.

In early October, analysts of the center “Indicators of real estate market” (IRN) stated that interest rates on loans for the purchase of apartments in Russia in can grow up to “prohibitive” level of 12-13 percent per annum, if the key rate of the Central Bank will be increased to 10-11% (currently it is 7.5%). In this case, the developers have to reduce housing prices to keep consumer demand at an adequate level, highlighted in IRN.

Video, photo All from Russia.

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