Mortgage in the Russian Federation
AbstractIn 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%.
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Bibliographic InfoPaper provided by Russian Presidential Academy of National Economy and Public Administration in its series Working Papers with number 40.
Length: 4 pages
Date of creation: Jan 2013
Date of revision:
Mortgage; Russian Federation;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-10-02 (All new papers)
- NEP-CIS-2013-10-02 (Confederation of Independent States)
- NEP-URE-2013-10-02 (Urban & Real Estate Economics)
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