Mortgage In The Russian Federation In H1 2013
In 2013, growth in mortgage housing lending continued. In 2013, the volume of the extended mortgage housing loans (Rb 1,354 trillion) exceeded by 31.17% that of 2012. The quality of the portfolio of mortgage housing loans (MHL) kept getting worse: in 2013 the overdue debt fell to Rb 39.5bn with a decrease of its share in the debt to 1.49%; as of January 1, 2014 the debt without overdue payments in the total amount of the debt rose by 0.12 p.p. against January 1, 2013 and amounted to 96.05%, while the share of the defaulted MHL (with payments overdue for over 180 days) fell by 0.48 p.p. and amounted to 1.78%. In 2013, a decrease in the weighted average interest rate on ruble MHL within a month changes for a 0.2 p.p. growth in December to 12.1%.
Volume (Year): (2014)
Issue (Month): 3 (February)
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