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 DECEMBER 2015
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%.
Classification-JEL:  G21,  K11, L74,  L85,  R14,  R21 , R31,  R52  
Keywords: :  REAL ESTATE MARKET, Russian Economy 
Journal: Russian Economic Developments
Year: 2016 
Issue: 3
Month: March
Pages: 81-83
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/703Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:703