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 NOVEMBER 2015
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.
Classification-JEL:  G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET, Russian Economy 
Journal: Russian Economic Developments
Year: 2016 
Issue: 2
Month: February
Pages: 63-65
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/681Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:681