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Date: 9 months ago   Category: Business

Housing vector: what decrease in rates on a mortgage in Russia — RT in Russian is connected with

Since the beginning of week the subject of the mortgage housing lending (MHL) became one of the most significant in the economic agenda of Russia. According to statements of the Central Bank, control over inflation will allow to reduce further rates on the credits for purchase of housing. The Ministry of Finance expects that by 2024 this value will decrease up to 8%, but a reference point for the authorities — a mark of 7% per annum. For the first eight months 2018 monetary volumes and number of loans in the real estate market already reached historical maxima. Experts explain such dynamics with steady growth of demand and the increased interest of banks. As IZhK — in the material RT can develop further.


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