Date: 2 months ago   Category: Winter

Mortgage rates will sharply decrease


The average rate on the housing credits issued in Russia has to be reduced up to 7.9 percent by 2024. It is said in the document "National projects: the key purposes and the expected results", placed on Monday, February 11, on the website of the Russian government. Proceeding from document materials, the average level of a mortgage rate in the country has to be reduced from basic level in 10.6 percent up to 8.9 percent until the end of the 2019th. By 2021 the indicator has to reach 8.5 percent, and to the 2024th — 7.9 annual interest rates. The quantity of the issued housing credits is supposed to be increased in a year from 1.1 to 1.56 million units. Level of 1.6 million mortgage loans is planned for 2021, and to the 2024th the indicator has to reach 2.26 million credits. Materials on teme00:01 — on January 30 to Rise to take a starting contribution for a mortgage from a porogaotkud and what to do if it is absent also not budetobjy construction of the apartment houses financed at the expense of a mortgage is planned to be increased to the 2024th from 16.3 to 53 million square meters a year. As it is noted in the document, till 2024 provision of housing for families with middle-income, including with attraction of a mortgage at the rate no more than eight annual interest rates is among the primary purposes of the Housing national project. To the purposes of the project treat also accumulation of volumes of construction of housing up to 120 million meters a year and more, cardinal increase in comfort of the urban environment with attraction to this process of Russians and also steady reduction of shabby and emergency housing facilities. It agrees to the forecast of A101 development group read in February, in 2019 solvent demand for primary housing in Moscow and area will decrease by 15 percent, the volume of delivery of a mortgage — for 27 percent. It will negatively affect both volumes of construction of affordable housing, and development of banking business, consider in the company. ***

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