Template-Type: ReDIF-Article 1.0
Author-Name:Georgiy Zadonsky
Author-Name-First: Georgiy                                                       
Author-Name-Last: Zadonsky
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:  MORTGAGE IN THE RUSSIAN FEDERATION IN 2013
Abstract:  The volume of mortgage housing loans extended within 11 months of 2013 exceeded by 17.38% and 29.51% the respective index of 2012 as regards the number and monetary value, respectively, having amounted to Rb 1175.0bn. The average weighted rate on MHL in rubles extended within a month fell from 12.9% in March 2013 to 11.9% in November 2013. The share of the overdue debt in the outstanding debt on MHL in November 2013 decreased by 0.06 p.p. to 1.05% as regards loans in rubles, while that as regards loans in foreign currency, by 0,003p.p. to 12.29%. In November 2013, the share of debt on MHL without overdue payments in the total amount of the debt on MHL increased by 0.59p.p. and amounted to 95.89%. The share of the debt on defaulted loans (with payments overdue for over 180 days) in the total amount of the debt on MHL decreased by 0.06 p.p. to 1.91%.
Classification-JEL:   G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET 
Journal: Russian Economic Developments
Year: 2014 
Issue: 2
Month: January
Pages: 33-35
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/295Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:295