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Tag Archives: mortgages

Time cheap mortgages passed

With the new year, banks may refuse housing loans with an initial payment less than 20% or raise for these borrowers the interest rate. From 1 January 2019, the Central Bank decided to raise the risk weighting on housing loans with low initial payment (20%) from 150% to 200%. What …

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Time cheap mortgages passed

With the new year, banks may refuse housing loans with an initial payment less than 20% or raise for these borrowers the interest rate. From 1 January 2019, the Central Bank decided to raise the risk weighting on housing loans with low initial payment (20%) from 150% to 200%. What …

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The Russians have postponed the demand for mortgages

Banks eased conditions on housing loans, but the number and volume of loans granted decreased. In October, Russian borrowers has reduced lending activity in the mortgage lending segment. Total number and volume of new loans in the month decreased by 8%. Such data are cited by the joint credit Bureau …

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What will be the future of mortgages?

Mortgage credit is becoming more and more popular in Russia: everyone wants to have it his own, and not taken from someone in the rental area. Despite the fact that mortgage lending is a relatively new thing for our country, a huge number of people took advantage of this opportunity. …

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