In February, the number of mortgage transactions in Russia’s primary housing market decreased by 31% compared to January, amounting to 7.4 thousand loan issuances. The newspaper writes about this “News” Based on data from analysts from the company Domklik.
According to their data, the share of new buildings in the issued mortgage structure fell to the lowest level in the entire observation history, to 14.8%. The reason for this was the difficult conditions of borrowers in this segment.
Especially since the end of last year, the “one privileged mortgage per person” rule has been in effect. Also, under the “State Support” program, the initial contribution is 30%, and the maximum loan amount is limited to 6 million rubles. for all regions.
In the environment of restrictions in the primary market, the share of secondary homes in the total mortgage issuance volume increased to 62.8%, the highest level since August 2022. However, in absolute terms, the secondary market accounted for only 31.6 thousand loans; this was below last year’s minimum due to the higher key interest rate of 16% and tightening requirements for borrowers.
However, on the eve of the construction season, the share of mortgages for individual housing construction reached 19.3% of the total volume (9.7 thousand issues). Experts point out that interest in low-rise suburban housing is increasing.
Before that, it was known that the Russians. overpayment The mortgage is four times the price of the flat.
Previously “socialbites.ca” saidWho will be affected by the Central Bank’s prohibitive measures on mortgages?