VTB Bank is increasing rates on its market mortgage programs from August 6. This was reported by TASS with reference to the press service of the credit institution.
It is stated that the increase will be from 0.5 percentage points up to 1.7 percentage points, and the minimum rate when buying an apartment will be 20.5%.
The minimum rate will be offered to future salaried customers of the bank, subject to comprehensive insurance, income and employment confirmation, a 30% down payment and a large loan amount, the press service said.
The bank also reported that the change was due to the interest rate hike at the last meeting of the Central Bank of Russia and the continued increase in the cost of funding in general.
On August 3, it was reported that according to preliminary data, Russians’ demand for housing in new buildings increased in July. sank At a rate of 20%.
Analysts explained that the sharp decline in interest in the “primary” interest rate last month was due to three main factors. First, in Russia, from July 1 stopped There is a preferential mortgage of 8 percent for new homes. Secondly, the authorities postponed the resumption of family mortgages by a week. The third reason is promotion The Central Bank’s annual interest rate was increased from 16 percent to 18 percent.
Previously at VTB guess Decline in mortgage sales.
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Source: Gazeta
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