As the head of the state company Dom.rf Alexander Plutnik said, according to available data, in April, the volume of issued mortgage loans was 1.7 times higher compared to the same period last year.
Such a statement Plutnik made at the St. Petersburg International Economic Forum, which is being held these days in the northern capital of Russia. According to him, the amount of loans granted last month amounted to about 250 billion rubles. Also, he said that mortgage rates would drop below the level of 9% and this will happen in the second half of 2018.
“With the stabilization of macroeconomic conditions and the return to a consistent reduction in the level of rates in the economy in the fourth quarter of 2018, mortgages rates can reach 8-8.5%,” he said.