Average mortgage rates in Russia in the period from the end of April to the beginning of May showed growth for the first time in 2024. At the same time, the increase in the cost of housing loans has become insignificant.
According to RIA Novosti, the average cost of a housing loan in a new building for the 20 largest mortgage banks reached 16.76%, in the secondary market — 16.95%, under the refinancing program — 17.02%.
The last time there was an increase in market mortgage rates, according to the materials of Dom.The Russian Federation”, was fixed in the period from January 1 to January 12 of this year — by 0.19−0.74 percentage points. At the same time, a week later they fell by 0.02—0.12 percentage points.
The average rates for the main state library programs have remained unchanged since the beginning of the year and at the level set by the government: for housing in new buildings — 8%, for family housing — 6%.
Earlier, the Free Press wrote that in Mortgage issuance in Russia has fallen by almost 40 percent.
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