Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Mortgage Rates In Russia Fell to the Historic Low Level
August 24, 2017 16:55


Mortgage rates in Russia fell to the historic low level, according to the Central Bank website.

The average weighted rate on housing loans fell to 11.11 percent per annum in June. In the first half of 2017 banks issued 423.5 thousand mortgage housing loans worth 773 billion roubles. 84.9 thousand loans in the amount of 157.6 billion roubles were granted in June.

Against the backdrop of the continuing decline in interest rates, the volume of rouble loans granted in June increased by 9.1 percent, as compared to the same period of last year. In general, the portfolio of mortgage housing loans increased by 11.6 percent, as compared to the same period of last year and amounted to 4.67 trillion roubles as of July 1, 2017.

In mid-July the Russian Minister of Economic Development Maksim Oreshkin predicted that the rates for housing loans in Russia might drop to 8-9 percent in 2018.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Russian Law: Parliament in Action Estonia fears Russia VTB Group's 3Q 2014 Results Top 3 Videos From Russia The Bank Of Russia Received 110 Thousand Complaints

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
car production   Russian Cinema  Paleontology  anti-corruption campaign  Sergey Dovlatov  Sunken Ships   Chelyabinsk Region  Multimedia Art Museum  computer skills  Megafon  Exhibitions in Astrakhan  aircraft  Moscow airports  Russian business  ERA-GLONASS  Gazprom Neft  Design  Art Exhibitions  Ivan Vyrypayev  Russian children  Russian archaeology  Museums of Russia  Russian history  Mercedes-Benz Fashion Week Russia  Moscow  Svetlana Shkolina  Rostov  Yevgeny Gvozdev  Exhibitions in Moscow  Twitter  accident  Russian schools  Renaissance Construction  Roofers  corruption in Russia  Painting  Rosbank  Fashion  Russian designers  Russian Literature  Tsaritsino  Archeology  Sketches  Kirov Region  Yakutia  nuclear physics  Russian tourism  Museum Night  Sayans  Frantz Joseph Land 

Travel Blogs
Top Traveling Sites