MORTGAGE IN THE RUSSIAN FEDERATION IN NOVEMBER 2015

Georgy Zadonsky

Russian Economic Development, 2016, issue 2, 63-65

Abstract: The volume of housing mortgage loans (HML) (Rb 985.29 bn) originated during January–November 2015 fell against the volume of HML originated over the same period of 2014 by 32.66% in quantitative terms and by 35.92% in monetary terms. The share of past-due debt in residual debt on HML for November 2015 has gone up in ruble loans by 0.02 p.p. to 1.05%, and on foreign currency loans – by 0.71 p.p. to 19.41%. Weighted average rate on HML in rubles extended during the month, for November 2015, has come to 12.29%, down 0.60 p.p. against October 2015 and down 2.42 p.p. maximum level posted in February 2015. The latter is due to the effective State program.

Keywords: : REAL ESTATE MARKET; Russian Economy (search for similar items in EconPapers)
JEL-codes: G21 K11 L74 L85 R14 R21 R31 R52 (search for similar items in EconPapers)
Date: 2016
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