One out of every two banks in the top 30 increased their mortgage rates by 1.5-3 percentage points on average. The newspaper reports “News” referring to the “Compare” data of the financial market.
From August 15 to August 22, the 15 largest banks, including Sberbank, VTB, Rosbank, Tinkoff and others, raised interest rates. The average mortgage rate reached 14% annually.
This occurred amid an unscheduled meeting of the regulator, where the central bank’s key interest rate was sharply raised from 8.5% to 12%.
“There is an increase of 1.5-3 percent. “These are within the scope of classical mortgage schemes, mainly housing loans for second homes and new buildings,” said Dmitry Safronov, head of the Sravni Mortgage department.
Experts predict a decrease in demand for market programs and an increased interest in government-sponsored preferential programs. According to Irina Nosova, Senior Director of the ACRA Financial Institutions Rating Group, strong bias in the primary or secondary direction is not worth the wait.
“Demand for mortgaged housing loans will decrease slightly with an additional decrease of 2-2.5 percent. It will be tangible for the borrower in the monthly payment, “Nosova says.
Finance expert Aleksey Krichevsky states that secondary mortgages have become unsustainable, demand for new buildings and rentals has increased, and real estate prices have already increased by 2-5%. Banks assured that they would maintain rates on previously approved applications for several weeks.
It was learned that the mortgage rates in the USA increased the previous day. reached It’s been at a record high since 2000.
before in Russia still increasing demand for subsidized mortgages.