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Mortgage rates decreased in Primorye to the all-Russian minimum

Mortgage rates decreased in Primorye to the all-Russian minimum
Photo: pixabay.ru
The Central Bank conducted an analysis of ruble rates on mortgage loans in the regions. The lowest were in the Primorsky Territory and the Chuvash Republic - 8,82%. 

According to the press service of the Far Eastern Directorate of the Bank of Russia, the indicator dropped to its lowest value in the entire history of observations. In January 2020, Primorye residents signed almost 1,5 thousand mortgage agreements worth four billion rubles. These are more than November indicators by 20% and 27%. 

However, if we take the annual indicator, then the number of issued housing loans in the region decreased by 14% compared to 2018. This is due to the growth of mortgage rates in January-April and the expectation of the launch of the Far Eastern mortgage program. Thanks to her, December last year became a record in terms of issuance, and, according to experts, it will continue to have a positive impact on the growth rates of mortgage lending in the region.
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