By the end of the year, average mortgage rates could fall to historic low – below 7% per annum, said a senior loan officer of Moody’s investors service Olga Ulyanova. New loans will be mixed lowest discounted portion and slightly higher commercial rates she explained in an interview with RBC.
the Expert believes that mortgages are now interest to borrowers and lenders. But the borrowers do not have enough Finance to purchase housing, therefore, the principal supply on the market may be preferential mortgage. Assessment Ulyanova, the proportion of such loans may increase to 50% of the total.
more interesting to Borrowers of preferential mortgage in the purchase of second homes (in the I quarter the share of “secondary” amounted to about 70%), however, the program does not apply to this market segment.
Experts believe that the dynamics of rates will depend on the policy of the Bank of Russia.