Mortgage activity of Russians has subsided, but developers do not give up, remembering the previous schemes of sale. HOUSE.The Russian Federation is going to stimulate the birth rate by offering: the more children there are, the lower the mortgage rate. Teachers can get their own preferential housing loan program, if, of course, the state has enough money for that. Meanwhile, real estate in Moscow and St. Petersburg continues to shock with price tags even for rooms in communal apartments. We have collected the main news for the past week.
Squeezed mortgage
Mortgage activity of Russians sank by 70% in a month.
“In January of this year, only 80.18 thousand mortgage loans worth 318.38 billion rubles were issued, in December last year – 239.12 thousand loans worth 1.07 trillion rubles. From a historical peak in December 2023 of 4.46 million rubles, the average check for new mortgage loans fell to the level of mid-summer last year and amounted to 3.97 million rubles in January 2024: minus 11% per month. On an annual basis, mortgage lending volumes decreased by 12%, and the number of loans decreased by 18%. In January 2023, 98.33 thousand loans worth 361.73 billion rubles were issued. The average mortgage receipt increased by 8% over the year: from 3.68 million rubles,” the United Credit Bureau (OKB) said.
However, the holy place is never empty, and the decline of mortgages on the “primary” is already being actively replaced by other ways of paying for housing. Thus, the share of installment purchases in Moscow’s new buildings has increased by 40% since the beginning of the year. In comparison with February 2023, the dynamics was +60%. Developers are increasingly recalling schemes such as trade-in and tranche payment.
the possibility of launching a preferential mortgage for teachers in the Russian Federation. Among the options is a housing loan at 2% for up to 30 years. To be or not to be a new program, the department will have to decide by November 1 this year together with representatives of the Ministry of Construction, the Ministry of Finance and the Ministry of Economic Development. At the same time, the Ministry of Education is already complaining about the lack of money to support teachers.
The family mortgage seems to be much more fortunate. In his message to the Federation Council, the President proposed to extend it until 2030, together with the mother capital. Market experts shared their opinion on this issue with Novostroy. Among the most striking theses of experts is “the extension of the program of preferential family mortgages and maternity capital is an effective, but not a key tool for stabilizing prices for new buildings.” According to experts, the prolongation of the family mortgage also raises additional questions about social justice.
Let’s add that the corporation is a HOUSE.The Russian Federation goes further than the head of state, offering to stimulate the birth rate by reducing the family mortgage rate depending on the number of children. At the birth of the second child, it is assumed that the interest rate will decrease from the current 6% to 5%, i.e. by 1 percentage point. After the birth of the third and subsequent children, we are talking about reducing the rate by 2 percentage points, or up to 4%.
in 2024; Russians can buy 18 Moscow “squares” on average after selling housing in their city, Nizhny Tagil residents were the most unlucky; 3.15 million rubles – the price tag for the cheapest room in Moscow; 1 million rubles – the cost of the most budget room in St. Petersburg; up to 1 million rubles in the Russian Federation they propose to increase the size the uterus is suitable for the second and third children. The news on this topic is on March 7, 2024, And this is provided that they will save 50% of their salary.
Источник: www.novostroy.su
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