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:  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%.
Classification-JEL: G21, K11, L74, L85, R14, R21, R31, R52
Keywords: Mortgage,  Russian Federation
Year: 2013
Issue: 2
Month: February
Pages: 54-57
Journal:Russian Economic Developments
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/76Zadonsky.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:76