Outside of the preferential programs, in 2022, mortgage rates will, on average, exceed the key level by 1-1.5%: that is, it is likely that the indicators will go beyond 10%.
Alina Rozentsvet, Director General of the National Rating Agency, shared this forecast in an interview with Izvestia.
“According to Dom.RF, among the 15 largest banks in the mortgage market, the rate at the end of November was slightly below 9% for new buildings and 9.27% for secondary housing. Outside of the preferential mortgage, according to NRA expectations, the rates will, on average, exceed the key level by 1-1.5%. That is, we may well reach double-digit rates for a standard mortgage in 2022, “said Alina Rozenetsvet.
According to her expectations, the concessional mortgage program will be extended in 2022, and the rate on it will remain below the key level.
Read more in an exclusive interview with Izvestia:
“By the summer, the key rate will become double-digit – 10.5%”
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
