MORTGAGE IN THE RUSSIAN FEDERATION IN DECEMBER 2015

Georgy Zadonsky

Russian Economic Development, 2016, issue 3, 81-83

Abstract: In 2015, 691943 housing mortgage loans (HML) were originated totaling to Rb 1.15 trillion, which demonstrate a reduction against 2014 in quantitative terms by 31.68% and in value terms – by 34.96%. The HML portfolio quality deteriorate. In 2015 against 2014, outstanding debt denominated in rubles as a share of residual debt went up by 0.19 p.p. to 1.04% and in foreign currency – by 7.81 p.p. to 20.37%. In 2015, weighted average ruble rate on HML for the year against 2014 moved up by 0.88 p.p. to 13.33%, and weighted average rate in foreign currency moved up by 0.57 p.p. to 9.82%.

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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