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:

Record Cost Overruns In 2014 Sochi Olympics Russia Completes WTO Marathon Public opinion of Russian citizens against some points of the European Social Charter Buzz Barometer: Sanctions Send Ripples Across World Russians Change Investments Habits

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Sergey Yesenin  coronavirus  Vedomosti  Spleen  Exhibitions in Moscow  travel to Russia  Russian regions  business  Krasnaya Polyana  Pushkin  Orthodoxy  Yakutia  Moscow International Biennale of Contemporary Art  Kostroma Museums  Dinosaurus  Spartak Moscow  Mercedes-Benz Fashion Week Russia  Film Festivals  Murmansk  Reindeer  health  Pskov Oblast  Paleontology  St. Petersburg  Igor Butman  Blue Stone  Golden Ring Tours  Russian Cinema  Boris Eifman Ballet  Moscow  Russian tourism  Plastic Roads  Irkutsk  Sverdlovsk region  Rostov-on-Don  Russian souvenirs  Sheremetyevo  Russian business  Vladimir Vernadsky  Stanislavsky and Nemirovich-Danchenko Academic Musical Theatre   Festivals in Moscow  Russian space exploration  Folk Toys  Easter  Cheese Festival  Russian oligarchs  VTB  Arkady Raikin  Alexis of Russia  Kirov 

Travel Blogs
Top Traveling Sites