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Mortgage in the Russian Federation

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  • Georgy Zadonsky

    ()
    (Russian Presidential Academy of National Economy and Public Administration)

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    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%.

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    Bibliographic Info

    Paper provided by Russian Presidential Academy of National Economy and Public Administration in its series Working Papers with number 40.

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    Length: 4 pages
    Date of creation: Jan 2013
    Date of revision:
    Handle: RePEc:rnp:wpaper:40

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    Keywords: Mortgage; Russian Federation;

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