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Mortgage Lending in January-September 2021
[Ипотечное Кредитование В Январе-Сентябре 2021 Г]

Author

Listed:
  • Sergey A. Zubov

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

In Q3 2021, there was a decline in the volume of mortgage lending for the first time since the outbreak of the pandemic, due to an increase in interest rates, as well as changes in the terms of preferential state-supported mortgage programs. In the near future, in the absence of significant change from current trends in the economy and continued extension of state support for preferential programs, we should expect the restoration of sustainable growth in the mortgage market.

Suggested Citation

  • Sergey A. Zubov, 2022. "Mortgage Lending in January-September 2021 [Ипотечное Кредитование В Январе-Сентябре 2021 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 25-28, January.
    • Handle: RePEc:gai:recdev:r2205
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    More about this item

    Keywords

    mortgage lending; subsidized mortgage programs; mortgage lending market overheating;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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