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Mortgage In The Russian Federation In Q1 2013

Author

Listed:
  • Georgiy Zadonsky

    (Gaidar Institute for Economic Policy)

Abstract

In January–February 2013, 83,925 MHL for the total amount of Rb132.94bn were extended which is 28.24% more in monetary terms than in January–February 2012. As of March 1, 2013, the outstanding debt on MHL amounted to Rb2.05 trillion having exceeded by 36.71% the respective debt as of March 1, 2012. In 2013, the overdue debt as compared to the outstanding debt on MHL in rubles kept decreasing and amounted to 1.45% as of March 1, while that on MHL in foreign currency was growing and amounted to 11.57% as of March 1, 2013. The debt on MHL with payment overdue for over 180 days was decreasing and as of March 1, 2013 amounted to 1.41% of the total debt. The weighted average monthly rate on MHL in rubles kept growing and amounted to 12.8% in February

Suggested Citation

  • Georgiy Zadonsky, 2013. "Mortgage In The Russian Federation In Q1 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 36-39, May.
    • Handle: RePEc:gai:recdev:127
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    More about this item

    Keywords

    MORTGAGE; RF;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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