Elizaveta Danilova, head of the financial stability department of the Central Bank of Russia, said during the Financial Congress, organized by the regulator, that the Central Bank does not expect a decrease in mortgage rates in the near future. her words opens TASS.
“We now see according to reports [банков]early repayments have become much less. and term [досрочного погашения ипотеки] already 12 years old. And of course, this will increase as we do not expect any rate cuts at the moment and [не ожидаем роста] There is demand for refinancing loans,” he said.
With words economist Mikhail Belyaev, in case of an increase in the key rate (now – 7.5% per annum) on July 21, then mortgage rates, on the contrary, will increase. In any case, he said, as the key rate increases, the price of mortgages, car loans and all other types of loans will rise.
On Thursday, Central Bank Governor Elvira Nabiullina allowed for a possible increase in the key rate, noting on the sidelines of Financial Congress that its scale and frequency should be analyzed. It’s not predetermined, she stressed. On June 28, Alexei Zabotkin, Deputy Governor of the Bank of Russia, gave a signal to raise the key rate. He explained this by the need to return annual inflation to his 4% target. Now it’s 3.2%.
former Central Bank knowledgeable The size of the mortgage share in the total loan debt of the Russians.