Mortgage in the Russian Federation

Georgy Zadonsky

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: In 12 months of 2012, the volume of mortgage housing loans (MHL) exceeded by 47.3% that in the same period of 2011 and amounted to Rb 904.6bn, despite the continued growth in the weighted average rate on MHL in rubles extended within a month. In November 2012, the weighted average rate amounted to 12.5%. In November 2012, the overdue debt as percentage of the outstanding debt on MHL in rubles decreased to 1.38%, while that on MHL in foreign currency increased to 15.35%.

Keywords: Mortgage; Russian Federation (search for similar items in EconPapers)
Pages: 4 pages
Date: 2013-01
New Economics Papers: this item is included in nep-cis and nep-ure
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