Template-Type: ReDIF-Article 1.0
Author-Name: Georgy Zadonsky
Author-Name-First:Georgy 
Author-Name-Last: Zadonsky
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Mortgage in the Russian Federation
Abstract:  Within three quarters of 2012, the volume of mortgage housing loans (MHL) (Rb 698.59bn) exceeded by 50% that extended in the respective period of 2011. With growth in lending volumes, a decrease in the overdue debt on MHL in rubles both in monetary terms and as a percentage of the outstanding debt (1.5% as of October 1, 2012) and growth in the share of the overdue debt on MHL in foreign currency in the foreign currency debt (14.86% as of October 1, 2012) points to the fact that the quality of MHL in rubles keeps getting better, while that of MHL in foreign currency is deteriorating. 
Classification-JEL: G21, K11, L74, L85, R14, R21, R31, R52
Keywords: Real Estate,  Russian Federation, Mortgage
Year: 2012 
Issue: 12
Month: November
Pages: 46-51
Journal:Russian Economic Developments
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/39Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:39